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Porgie Tirebiter

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Porgie Tirebiter

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Re: None

Thursday, 05/27/2010 10:30:35 AM

Thursday, May 27, 2010 10:30:35 AM

Post# of 4109
The top-kill is looking good, and this thing is taking the predictable ride up on the news.

Clearly the bottom in share price was overshot, but the damage to the drilling industry as a whole remains. It will be a long time before these shares trade at $80 again.

But for the near term, I think RIG is a buy.

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