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Re: Timothy Smith post# 1999

Friday, 07/10/2015 4:22:34 PM

Friday, July 10, 2015 4:22:34 PM

Post# of 4059
I think the target is $10.00 from $15. I believe that by early Fall at the latest RIG will slide into the single digits. 2016-17, again, IMHO, will see a huge change to the face of the offshore industry--i.e., there will be major mergers and acquisitions and probably some co's that go away. The industry won't die completely but it will be a shadow of its former self by the end of the teens.
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