ramonbenavides12

Sea Drill

ramonbenavides12 تم تحديثه   
NYSE:SDRL   Seadrill Limited
Sea Drill is in final stages of a restructure. Its one of the worlds largest drillers and has 13 new units under construction right now with another 5 units available for offshore operations now.

What do you think????? Buy or not to buy?

Hmmm....this will be interesting to learn the opinions of others!

Get deep on this!!!!!
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No change on this chart
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SeaDrill has good news as US bankruptcy court approves reorg plan. Shares are up strong today. I am holding long. I expect 3.60 at year end.
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SDRL is gaining. In the last 4 trading days, the value has increased 100%. .26 to premarket today at .56. Crude continues to drive the sector. at 75$ bbl Brent Ocean Drilling is profitable.
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I forgot to add, this is a long-term play. I see a 5.00 price at year-end. Unless crude takes a dump.
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SDRL is in a Parabolic Move...Watch Closely!!!!!
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For those following this trade, I exited by calls with 300% gain. I an now short SDRL for June. I still have my leaps and they haven't moved much but they will. There are 46k+ contracts at .50 SDRL Jan 2020. That's 4.6 million shares at.50 for a large offshore driller. cheap cheap cheap

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