Seeking Alpha
  • Ocean Man
    Sold 3/4 of my SDRL for a gain of 5% in 3 weeks. Buys at 40.7, 39.8, and 38.9. Sold at 41.66. Still like it, but that's a 7-month high and I
    10/18/12
    Reply (6)
    • Ocean Man: had a very large position after 3 buys. http://seekingalpha.com/s/7vkif
      10/18/12
    • Clayton Rulli: hold some for the spin off?
      10/18/12
    • wigit5: Seems this move might have been a few hours early ;) good job on the profits though looking at taking some myself.
      10/18/12
    • Ocean Man: I'm usually early on my sells LOL. Do SDRL shareholders get shares of the spin-off, or does the company just get the IPO proceeds?
      10/18/12
    • wigit5: Better to be early than late I suppose! I haven't read anything on receiving shares yet was just looking into that because of Claytons note
      10/18/12
    • adawg304: sold @ 41.76 thanks to trailing stop (been in training all day) :)
      10/18/12