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  • Strong Fundamentals and Oil Ties Make Transocean a Great Long-Term Buy [View article]
    I did not realize that the backlog of RIG was that huge (40BB)
    which only adds to the real value.

    RIG is not alone as a pummeled 5 * equity...(See US Steel for
    another) which gives the investor one heck of an opportunity
    to add some names where before the price was an obstacle
    to some.

    I would hasten to add that I have averaged down on RIG, a
    tactic that over the years has cost the investor too much
    in too many instances.Often this occured when a party
    "fell in love" with a stock while that emotion is simply a
    Venus Fly Trap waiting to make those folks a lot poorer.

    The simple fundamentals of RIG make it a compelling buy
    at a much higher price.Now unless this episodic event
    wherein people simply bail out despite the rewriting of
    P:E etc.,etc.
    Sep 10 12:01 pm |Rating: 0 0
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