Seeking Alpha
  • Stone Fox Capital
    Wow... $RIG sold the rigs below the carrying value. Doesn't sound like a great deal.
    9/10/12
    Reply (4)
    • TruffelPig: Since BP RIG is struggeling......SDRL is better or ATW.
      9/10/12
    • Stone Fox Capital: own ATW and have looked at SDRL but never pulled the trigger
      9/10/12
    • TruffelPig: The reverse here; own SDRL and observed ATW. I think I still buy some ATW.
      9/10/12
    • Ocean Man: Agree, that will be a significant hit to RIG. SDRL has a very new fleet and is on a nice dip right now.
      9/10/12