Interesting item for me----today it was announced that the SDRL backers have agreed to the post-bankruptcy plan in place accounting for more than 98% of the votes as I recall. The final vote takes play shortly. IHUB hasn't yet posted this news, it came to me via Benzinga newsfeed.
I'm expecting some short-term gains. However, I'm expecting to remain underwater for the time being. I do NOT recommend this pick for others, at least not yet.
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.