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RVAspeculator (30.07)

June 2010

Recs

7

RIG is a buy at $42

June 09, 2010 – Comments (10) | RELATED TICKERS: RIG

Don't have time for a full post but I believe RIG (Transocean) is a buy here at $42...

Will write a longer post this weekend. 

BP is still at the mercy of the government but RIG has actually lost more market cap than BP during this fiasco if you can believe it.

Buy at $42 today, sell 3 months later for a higher price once the panic subsides.

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