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$66.73 -7.57 (-10.19%)
10/10/2008 4:02 PM

Diamond Offshore Drilling, Inc. (DO)

CAPS Rating:
*****

The Company provides contract drilling services to the energy industry around the globe and deals in deepwater drilling.

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Recs

1

Avatar wcwhiner (99.96) Submitted: 3/30/07 11:17 AM : Underperform Start Price: $77.79 DO Score: -23.57

Yeah, I'm still stubbornly shorting the energy patch on my slowing-growth thesis. A terrible bet so far, but it's going to take decent economic data to change my mind.

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Avatar Gtrinvestor (99.99) Submitted: 10/23/07 4:06 PM

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I felt compelled to comment on your thumbs down here, simply b/c I have also commented on all 3 of your other major deep water oil drillers, and to yet again beseach you to end your thumbs down picks on the deepwater oil drillers (by the way, you missed ATW, which is trying to position itself in the that field and ESV and PDE).
Again, I'm all for shorting those involved in crack spreads, or other such up-stream processes, but the deep-water drillers should clearly outperform the fickle S&P for the next several years.

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