I graduated from New York University’s Stern School of Business. I am interested in both qualitative (check out DomenicStrazzulla.com (http://www.domenicstrazzulla.com/)) and quantitative trading (check out tradingwithmatlab.com (http://www.tradingwithmatlab.com)). I believe the best trading... More
PDRT up 60% today on 16x normal volume with no news release!!! I think it is safe to say we have some good news comming out soon / this move has been flagged by the SEC.
Oil has fallen quite a bit from its July highs and so have practically all the companies in the black crack sector. Despite the large money flows out of the Texas Tea space, one oil company in particular has been catching my eye lately, Diamond Offshore drilling. Diamond Offshore drilling is the second largest renter of offshore rigs, with 30 semisubmersible rigs, 15 jackup rigs and one drillship (currently working off the coast of Brazil).
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PDRT up 60 %
PDRT up 60% today on 16x normal volume with no news release!!! I think it is safe to say we have some good news comming out soon / this move has been flagged by the SEC.
Diamond Offshore Drilling is a Good Oil Play
Oil has fallen quite a bit from its July highs and so have practically all the companies in the black crack sector. Despite the large money flows out of the Texas Tea space, one oil company in particular has been catching my eye lately, Diamond Offshore drilling. Diamond Offshore drilling is the second largest renter of offshore rigs, with 30 semisubmersible rigs, 15 jackup rigs and one drillship (currently working off the coast of Brazil).
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