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MisterEC

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MisterEC

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Re: bigdog121 post# 1317

Friday, 05/27/2016 2:35:58 PM

Friday, May 27, 2016 2:35:58 PM

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What a short covering, rally?
who could of guessed that?

Seadrill was the benefactor of a gigantic short squeeze and speculative buying in March when news spread that billionaire shareholder and shipping tycoon Fredriksen was preparing a lifeline for the struggling offshore company. Seadrill further surged on recovering oil prices before collapsing on profit taking.

so recognized

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