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OilStockReport

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OilStockReport

Re: ScovilleUnits post# 19

Monday, 04/04/2011 1:49:13 PM

Monday, April 04, 2011 1:49:13 PM

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Thoughts on RDC's possible takeover?

Rowan Companies Inc. (RDC): Oil & Gas Drilling & Exploration Industry. Market cap of $5.40B. John Dorfman, chairman of Thunderstorm Capital, identified the company as a potential takeover/LBO target. Shorted shares decreased from 7.61M to 5.68M over the last three months (-25.36% change). The stock has had a couple of great days, gaining 7.36% over the last week.

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My resume is real time on Twitter @TurnKeyOil.

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