Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Below $1.71. That was the key support, right?
$1.70 and testing the lows of the day, WHILE, the Dow is up over 300 points. It is probably a good short, but you need to really up on your hind legs, here.
over 25% on shares are short
Could create another sucker rally and your broker could force you to cover, and if you do not have enough equity, you will be looking for a Master to teach you better, if you have a next time.
The markets biggest rally in a long time!
SDRL is down. Why?
Because BK is coming. If I had gone long in the sucker, short covering rallies, I would be hurting.
I learned to snatch the pebble from the Masters hand a long time ago.
Seadrill - Another Step Towards Bankruptcy
Summary
The company reported declining revenue and operating income in the 4Q2016 earnings release on Feb. 28.
Management provided an update on the restructuring negotiations with creditors, stating the company may be forced to file Chapter 11 bankruptcy should they fail to reach an agreement.
Any new agreement with creditors will involve additional amendments to the currently proposal and a conversion of debt to equity (current common will be wiped out).
Fook who would of known?
Seadrill -12% as it warns of possible Chapter 11 bankruptcy
Seadrill Suffers Severe Setback In Restructuring Discussions - Chapter 11 Straight Ahead
Ruff, ruff
Investors should continue to avoid the shares.
Did he say continue, as in only a dog bone would be a buyer?
Oh,no! $1.74 -0.30
Does this guy like SDRL? He says he trades it, often. If he liked it, wouldn't he own it?
Seadrill - Part 1: Complete Fleet Status Analysis As Of February 28, 2017
Summary
SDRL released its new fleet status on February 28, 2017. It was a busy FSR with a significant "blend & Extend" deal inked with Pemex about 5 Jack-ups working Mexico.
However, the backlog is now $2.5 billion (for Seadrill only not Seadrill Group), down 17% since November 22, 2016.
Fleet Status is paramount to understand the 4Q'16 results. Part II about the balance sheet is following.
What do the big dogs think? Are they still liquid? Did the billionaire bail them out?
The common will go away, as in no value, eventually. When the company goes bankrupt, the current common shareholders will get nothing. If the company emerges from bankruptcy, there will be new common stock issued.
But, bawahaha, the billionaire will save us! Now had I bought back when this was $7.50, I would be very upset.
Seadrill: Be Cautious Despite Higher Oil Prices
Here is a short summary of the company's information:
Cash on hand: $1.25 billion
Total debt: 10.3 billion
Total debt due in 12 month: 3.1 billion
Current interest expense: ~280 million/quarter
Projected upcoming net operating income: ($150 million) to $50 million per quarter
Contracts' average length: 16 months
The current common is going away. Who could of guessed it?
SDRL:
1.98 -0.08 (-3.88%)
Volume: 8,527,981
I bought more Friday at 27.26, before the open, after I read this,
Corning: Optical Communications Business Shows Strength (And Is Set To Lead)
I first heard of fiber optics in the 1970s and think it is really taking off, now.
I think this can easily go into the mid 40 range.
Seadrill: The End Appears Near
Seadrill: The End Appears Near
SDRL reports quarterly earnings Thursday.
Revenue is expected to decline Q/Q by double digits. EBITDA margins will likely break support in the first half of 2017.
Current portion of long-term debt is over $3B. SDRL does not have cash to cover near-term payments.
Either SDRL will go belly up or the stock will get diluted in a restructuring. The end could be near.
Experts predict the offshore market will not rebound until 2018 or 2019. Seadrill might not have that long. First of all, it lacks liquidity. Q3 working capital of -$3.0 billion was down from -$1.3 billion in Q2. Current portion of long-term debt is now $3.1 billion; with cash of only $1.3 billion the company lacks the liquidity to make the payment.
But the billionaire, he cares, he won't let SDRL go belly up, he will save us. Bawahahaha
Down 7% and under $2 again, and it is STILL is not a buy. The Billionaire let the dogs out to run wild. SDRL common is going AWAY. If you bought during the sucker rallies, well you may just be.....
Under $2 AGAIN DOWN OVER 7%
Bawahaha the billionaire doesn't care about the common shareholder.
Grasshopper, can you snatch the pebble from my hand?
How do you spell, SHORT SQUEEZE?
Will Shareholders Of Seadrill Survive Restructuring?
Centrus Energy, Common Stock Overvalued Compared To The Bonds
Centrus Energy, Common Stock Overvalued Compared To The Bonds
LEU’s revenue will fall by 43-46% in 2016 compared to End of Year 2014.
LEU’s common stock still trades as if it was end of year 2014.
Recent bond exchange of PIK notes for preferred stock does not help common stockholders as the net total higher tiered securities does not change.
Common stock rally has gotten ahead of the bond rally and a correction is imminent. <----LOADING ZONE?
Seadrill Bondholders Don't Expect A Full Recovery
Seadrill Bondholders Don't Expect A Full Recovery
"While some traders may wish to speculate in SDRL stock, I strongly suggest investors exit their positions.
If Bondholders are not expecting to get paid in full, how can equity expect to be paid anything?"
Who would of thunk that a billionaire, JF, would hold his common buddies out to dry?
Seadrill Limited Ord (SDRL)
1.67 -0.05 (-2.91%)
Volume: 17,278,404 @ 3:08:43 PM ET
Here he comes, to save the day!Ruff, ruff!
Seadrill: Don't Buy The Rumor
Summary
John Fredriksen reportedly promises to stay with Seadrill for 3-5 years.
This news is unlikely to cause major upside in Seadrill shares.
The outcome of the restructuring continues to depend on the banks' and bondholders' ability to reach a consensus.
Oh really Mr Smarty pants a Billionier invest 510 million and he's gonna let it plummet back down to 2 sure ya okay.
Seadrill Limited Ord (SDRL)
1.85 0.0 (0.00%)
Volume: 145,879 @ 8:35:03 AM ET
Old dogs teach little ones
I thought the share price would fall more than it did. Maybe it is somehow in conjuction with acquisition of DDD by GE?
DDD did not get the contract.
Not to zero, it is going AWAY!
Are you buying more?
What do you think about this, grasshopper? Bwahahah, he is a Billionaire and he is hanging out the common dogs to dry?
Discussing Seadrill's Outrageous Restructuring Proposal - Bankruptcy Straight Ahead
Summary
Insufficient measures taken to position the company for a protracted industry downturn.
Company's proposal uses overly optimistic assumptions for an industry recovery.
Instead of expected major debt reduction, the company's proposal calls for leverage to increase.
Discussing the suggestions laid out in both the company's and bondholders' proposals.
Strikingly low commitment of the company's major shareholder, John Fredriksen.
Thia is not a good sign at all:
3D-Printed Parts For Boeing's Space Taxis
Boeing (NYSE:BA) has hired Oxford Performance Materials to make about 600 3D-printed parts for its space taxis, meaning key components in the U.S. manned space program are being built with additive manufacturing.
The privately held company will announce a $10M strategic investment from Hexcel (NYSE:HXL) as early as today, adding to the $15M Hexcel invested in May and lifting HXL's equity stake to 16.1%.
The oil price decline is the major reason the company is in trouble. That and so much more oil being available, found, when the price was sky high.
Fredricksen does not care about the common shareholder. Business is business.
1.58 is the low today, and it gapped down. Might be a good trade for a hedge fund with computers. If you put your money down, consider it like you are playing craps.
Little dogs need to learn from big dogs.
1.58 low!
Back in October when it was announced that Fredricksen would loan up to $1.2 Billion, he shorted a bunch. He covered today and made the billion off suckers who actually believed he cared about them.
When the common shareholder is given way out of the money warrants to purchase, that expire in one month, then he might cover. Ya think?
Frontline (NYSE:FRO) confirms it approached DHT Holdings (NYSE:DHT) with a proposal for a possible business combination.
The company offered to acquire all outstanding shares of DHT in a stock-for-stock transaction at a ratio of 0.725 Frontline shares for each DHT share.
DHT price locked in to FRO price if acquired/merged. FRO 6.875 x 0.725 = 4.98
I am out at 4.80
I'm On The Wrong Side Of The Seadrill Trade
I'm On The Wrong Side Of The Seadrill Trade
Summary
Higher oil, higher share price, and less dilution; that's where my long thesis rested.
But negotiations in the restructuring process are slipping, bondholders aren't going down without a fight.
Considering the recent PR from Seadrill management, it is more apparent now this may not end well for shareholders.
Why would shorts cover now? The dog is going to bounce again?
4 bounces after "The bone head short covering rally. Did you go long :D?" in March 2016.
If they have to cover sub 0.10 is coming.
Hey, grasshopper, you buying?
Seadrill Restructuring To Leave Shareholders With Penny Stock
SDRL is actively engaged in restructuring conversations with its secured debtholders and bondholders.
Between $700 million and $1.3 billion in new liquidity is contemplated.
Pot-restructuring, existing shareholders will likely be severely diluted.
I got out long ago, too, and traded a recent bounce. I suppose if you are very wealthy and have a small percentage invested you could hold. SDRL has NEVER been this low. The fall has been on HUGE volume. I think one can stick a fork in it, and find SDRL is done, at a $1.91.
Little dogs never grow up to be big dogs, unless they learn from the elders.
The writing has been on the wall for quite a while, for those who cared to read it.
Seadrill publishes restructuring update.
There is no consensus among creditors. Views vary widely.
Bondholders want to wipe out shareholders completely and give them a nominal amount of out-of-money warrants.<---That means John Fredricksen,huh, little dog?
Seadrill: Restructuring Update
It is not even a good buy at a penny, IMO, right now. A penny can mathematically be divided up very small.
Seadrill -18% as complex restructuring talks take longer than expected
"Documents released by the company show that the proposed restructuring depends on a surge in rig rates over the next several years to be successful."
Seadrill: Restructuring Update
Of course if you think billionaire John Fredriksen is on your side a gives a big rusty fook about you...
difficult times lie ahead for Seadrill and it will be wise for investors to not expect a turnaround in the stock.
Seadrill: Increasing Short Float Presents A Red Flag
Who could of figured this out? Back during the sucker rally of March 2016.
Seadrill Partners Delivers Mixed Signals, Still Too Early To Jump In
Seadrill Partners Delivers Mixed Signals, Still Too Early To Jump In
Seadrill Partners faces the same difficulties as its offshore drilling peers but has navigated them quite well.
Seadrill Partners reported year-over-year revenue declines, although both operating cash flow and net income grew impressively.
The company maintains a very strong distribution coverage ratio of 13.98x and can almost certainly maintain its distribution at the current level.
The offshore drilling industry is showing some signs of improvement, but it still remains challenging.
It remains too early for investors to jump back into the stock.
Little dogs can learn to snatch pebbles, right, grasshopper?
If DDD is swallowed by GE, kiss any great hope of growth goodbye. Maybe 2x from here, $40 max?
The price was so high when I got out, grasshopper.
MisterEC Member Level Friday, 03/04/16 06:50:15 PM
Re: Slyder75 post# 1262
Post #
1305 of 1615
"When you point out a logical reason, the tards will not like it. They think it was their great analysis, and investing skills. That SDRL could be right back to 1.70 next week, does not enter their little pea's."
3.07 -0.04 (-1.29%)
Many investors are equating a restructuring as good news for SDRL stock. While an initial bump is possible, my belief is SDRL investors will have an unhappy surprise, much as those foolish enough to believe Paragon stock would deliver value were greeted with a 73% drop on Thursday.
Grasshopper
Seadrill Limited Ord (SDRL)
3.07 -0.04 (-1.29%)
Volume: 10,210,549 @ 5:13:55 PM ET
Hello, what did this post mean, then?
I been there, and done that.
Blue posted that he bailed out at 4.20 and was waiting for the reloading zone! If you buy this, tell me why it is moving up now.
The stock price direction for the day for LEU is UP.
This stock is currently not trending in any direction or the stock may be fluctuating over the last 5 to 7 days, but after all the fluctuations, finds itself in roughly the same price point as it did when BullishInvestor.com started analyzing it 7 days earlier. As a result, the trend for this stock is too weak to properly analyze at this time. That being said, short spurts of share price increases or decreases can still occur even though a trend has not been properly analyzed which is why watching the BullishInvestor.com daily ratings may be able to pinpoint quick entry and exit levels in this stock. Based on BullishInvestor.com’s proprietary algorithms, LEU is currently signalling VERY BULLISH.
The most recent Candle Stick pattern for LEU is the Belt-hold. Overall the technical indicators are signaling a bullish reading for LEU. As such, it may be a wise decision to consider LEU at these price levels. The last BEARISH rating was registered on Jan 05, 2016 when LEU was trading at $ 1.31.
Since the stock is currently rated VERY BULLISH, investors are encouraged to take a closer look at this stock from a technical analysis perspective.
1/04/17 Guggenheim Initiates Coverage On Buy target 28.0