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SDRL Drop Today Not A Concern

Sep. 04, 2014 9:31 AM ETSDRL
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In my opinion the price drop in SDRL this morning is NOT due to the swap transaction reported this morning but is simply a normal adjustment to going ex-dividend tomorrow to the tune of $1.00. Other opinions would be welcomed as I am currently a buyer of SDRL.

Analyst's Disclosure: The author is long SDRL.

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