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RIG - Should be on your Radar.

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February 18, 2015 – Comments (3)

They did what they needed to do if you follow this stock. It wasn't a matter of if, but when.  Now it's up to you....do you think oil well stay depressed for 2 years or more. Look at history and decide yourself. 

If Rig isn't on your radar - it should be now.

Complete D&D, but timing is right when oil stabilzes.  

3 Comments – Post Your Own

#1) On February 19, 2015 at 12:51 PM, Teacherman1 (< 20) wrote:

I'm watching Tagit, and if it gets to the Deutsche Bank forecast, I will buy in a "heartbeat" for a long term hold, but I think it still has a way to go.

If they end up needing to raise more capital and there is a significant dillution, we may all get a chance to "cash in on them".

Glad to see you posting more blogs.

My wife got a "Chauweenie" pup to replace the 15 year old Australian Shephard we had to put down, so our household has been turned upside down.

He is a real "pistol" and loves to play fetch with all of his stuffed toys, and move them from upstairs to downstairs and then back upstairs again.

So far I have been able to get her to interact with it most of the time, because I really didn't want to get another dog right now, but she is going to visit her folks in a couple of weeks, and it will be just "Chuweey" and I for a few days.

I am not really looking forward to that.:)

Have a great day and keep on finding those "hidden gems"

Fool on.

Jim  

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#2) On February 20, 2015 at 5:16 PM, Take2 (< 20) wrote:

Jim,

You're correct; I think Rig will set record lows before moving upward. I would not be a buyer until we have more info from the company going forward.

It may never reach 6, but if the gap closes nicely from the current price I would be foolish not to snag some shares.  They could easily suspend the dividend altogether and cut Capex, but they are still sitting on a lot of cash right now.

Analysts are all over the board rating this stock, and I wouldn't even try until we see the Q4 results, and what the new CEO plans are.

If RIG gets within my comfortable price range, I'm confident that in the long term I can add some more (Mason Jars) to the back yard    :)

Aren't puppies great? They love you 24/7 and bring endless joy and surprises you may not like J

Yes, I’m still looking for those hidden gems…probably too much. However, the energy sector has me energized so to speak.

Good to hear from you, and as always…

Fool on sir….

 

 

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#3) On February 21, 2015 at 3:51 PM, Teacherman1 (< 20) wrote:

Make sure the lids are on tight, or you money might rot or get eaten by worms.:)

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