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Slyder75

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Slyder75

Re: bar1080 post# 944

Wednesday, 08/26/2015 9:41:28 AM

Wednesday, August 26, 2015 9:41:28 AM

Post# of 2607
When you, as a company, sit on your hands and don't do anything until it's time to cry uncle, sure RIG is going to drop further like a rock...

SDRL was preemptive and cut its dividend months ago, saving tons of cash, and showing that management has their finger on the pulse of what is going on at the moment...

How long this sustained drop can last is anyones 'guess'...

It's my money tree. It's watered with hours of painstaking study and constant learning. Occasionally, I'll give it a good shake, continue watering, and more will grow back.

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