Transocean Ltd. (RIG)

[ogbull]

Sweet crude does not need to drop below $50 to acomplish Saudis goal of not lossing market share; therefore, it would be insane for them to keep the spickets open.

There is also such things as too expensive and too cheap. Brent crude below $50 is far too cheap. This price overshoots OPEC's intentions. Brent and WTI have hit bottom---no doubt about it!

Load the wagon with RIG stock and set back and count your lucky stars. We're headed back to $100 and maybe more.

And, there is such a thing as PEAK crude. The only question is when do we reach it. One year? Five years? Whenever it happens, I want to be fully invested in RIG!

Drill baby drill.

One more thing... I want to stay fully invested until the shorts try to reverse their position. Can you say, "BIG SQUEZZE COMING."