Seeking Alpha
  • 2839298249
    $SDRL, $ESV, $DO, $NE, $ATW, $RDC, $RIG: Stop grabbing the falling knife. Wait for the selling onslaught to stop. Sellers are in charge.
    Mar 12, 12:54 PM
    Reply (13)
    • Purple_K: Meh IDK if $RIG qualifies as knife been in range a while - might add if it breaks 40 - my cost 41-12 overall atm
      Mar 12, 1:09 PM
    • jaginger: Kind of knifey today. Bought $RIG at $40.80
      Mar 12, 1:36 PM
    • jaginger: Lot of hype about $ATW (Barrons', et al). Any reason that stock is a better buy?
      Mar 12, 1:37 PM
    • Purple_K: Sry idk - only DW driller Im in is $RIG, and even that Im reconsidering
      Mar 12, 2:26 PM
    • 360NoviceInvestor: Falling knife is right... We'll see what happens but in the mean time it is not fun to see my options become essentially worthless.
      Mar 12, 4:09 PM
    • 360NoviceInvestor: This is why it is recommended to buy calls with expiration dates at least a couple months out.
      Mar 12, 4:09 PM
    • AlbionWood: Getting hard to stop myself reaching for that knife - valuations look compelling.
      Mar 13, 7:48 PM
    • Purple_K: Same. Added a few $RIG nibbles today 39.20
      Mar 13, 7:51 PM
    • jaginger: Amazing how cheap they are getting, esp relative to the broad market
      Mar 13, 8:21 PM
    • Purple_K: At one point, after the oil spill, $BP was <30 After Fukushima $NGG was <40 After Vioxx $MRK <30. Not apples to apples, but u KWIM
      Mar 13, 8:28 PM
    • AlbionWood: Couldn't stop myself, added a little $ESV this morning 48.50
      Mar 14, 11:05 AM
    • BrainPain: next friday is triple witching hour. maybe time to wait, until buying $RIG
      Mar 14, 11:16 AM
    • jaginger: Yeah, that was probably the smart move BP. I got twitchy.
      Mar 14, 11:26 AM