$86.36 0.93 (+1.09%)
11/25/2009 4:00 PM

Transocean, Inc. (RIG)

CAPS Rating: 5 out of 5

The Company is an international provider of offshore contract drilling services for oil and gas wells. Its primary business is to contract the drilling rigs, related equipment and work crews primarily on a dayrate basis to drill oil and gas wells.

Results 1 - 17 of 17

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Member Avatar spotpetes (80.14) Submitted: 11/18/2009 3:38:15 PM : Underperform Start Price: $87.11 RIG Score: +1.10

l/t good, s/t will drop!

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Member Avatar fewl10 (< 20) Submitted: 10/31/2009 12:21:01 PM : Underperform Start Price: $84.69 RIG Score: +4.99

I want to own this in the 70s or lower.

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Member Avatar daLoungeLizard (< 20) Submitted: 4/21/2009 5:39:31 PM : Underperform Start Price: $64.14 RIG Score: -1.18

As with Big Oil, the current economy is in a spiral downturn reducing demand. Since demand is in short supply, I expect the need for offshore drilling equipment to be reciprocal with demand for oil. I don't see things changing much in the next 3 to 6 months... therefore I choose UNDERPERFORM

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Member Avatar NotJesseL (48.27) Submitted: 2/11/2009 6:25:55 PM : Underperform Start Price: $57.29 RIG Score: -12.77

Poor book of business for future less than 40% of last year.

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Member Avatar Sgeol (82.71) Submitted: 1/30/2009 2:18:33 PM : Underperform Start Price: $55.48 RIG Score: -19.49

soft commodity prices

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Member Avatar LTContrarian (66.13) Submitted: 1/14/2009 11:40:48 AM : Underperform Start Price: $49.37 RIG Score: -40.48

In the drilling space RIG is certainly my top pick. Unfortunately there's certainly no telling when the U.S. or global demand for oil /gas will trully pickup. Even when demand does begin to pickup again, it'll likely take a while to markedly impact oil & gas prices. I wouldn't expect any significant improvement on that front until mid-2010 or early 2011 at best.

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Member Avatar wiredmotley (47.18) Submitted: 8/15/2008 1:11:48 AM : Underperform Start Price: $127.08 RIG Score: +20.49

The chart is terrible! Barring a war, this thing is heading much lower. World oil demand is only growing 1 1/2 percent per year yet oil more than doubles? The numbers don't jive! I see a bubble bursting. There may be a last thrash of the Dino's tail in the process.

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Member Avatar RobMACDaddy (27.64) Submitted: 6/15/2008 1:03:09 PM : Underperform Start Price: $148.46 RIG Score: +26.57

Moving Average Convergence/Divergence (MACD) indicates a Bearish Trend.

Chart pattern indicates a Possible Trend Reversal.

Relative Strength is Neutral.

Up/Down volume pattern indicates that the stock is under Distribution.

The 50 day Moving Average is rising which is Bullish.

The 200 day Moving Average is rising which is Bullish.

Price is above Resistance of 145.91 which is Bullish.

It seems to have lost its up side potential. Since June it RIG is in a trading range upper major resistance is 147.82 it has been confirme 15 times.

Short term RIG is going sideways untill it breaks thru 148.

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Member Avatar jnaugle82 (40.36) Submitted: 6/9/2008 11:00:57 AM : Underperform Start Price: $148.36 RIG Score: +26.09

With Transocean staying steady or increasing in price these days, I foresee a decent rise in price to start with a steady decline over a year or so as gas prices start to reach new records, there will eventually be a downturn. What goes up...Must come down..

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Member Avatar h07w33ls (< 20) Submitted: 6/6/2008 6:50:41 PM : Underperform Start Price: $144.87 RIG Score: +24.66

hurricane season may wreak havoc on offshore drilling operations this year.

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Member Avatar doveld (< 20) Submitted: 5/30/2008 2:44:39 AM : Underperform Start Price: $153.50 RIG Score: +25.87

Valuation is too high even for a crude stock.

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Member Avatar jshields67 (67.27) Submitted: 3/17/2008 1:14:22 AM : Underperform Start Price: $133.78 RIG Score: +27.15

OK, any stock related to gas has the potential to do well this year with the rise of pertroleum prices, but I think this one is topped for now. I see a 15% drop over the next few weeks. I suppose I would short this one.

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Member Avatar Venicelandshark (73.31) Submitted: 3/5/2008 10:08:13 PM : Underperform Start Price: $140.24 RIG Score: +25.71

Time is up as the MACD line is about to cross yet again and there will be a decline in stock value within the next three weeks (4/15/2008)

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Member Avatar kjhaveri (< 20) Submitted: 12/6/2007 5:42:19 AM : Underperform Start Price: $126.85 RIG Score: +10.43

insider selling

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Member Avatar ARBinEXILEman (42.62) Submitted: 2/15/2007 12:33:58 PM : Underperform Start Price: $76.44 RIG Score: -31.83

due for a st set back

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Member Avatar wcwhiner (99.80) Submitted: 2/11/2007 6:11:38 PM : Underperform Start Price: $74.97 RIG Score: -31.44

Reload after a +6 and a clueless +2 from back when I didn't understand the stupid, trinary "accuracy" premium that makes me gag whenever I consider it. Defenses of same welcome as replies to my pitches. Do look a few score histograms first, though. I have a couple blog posts in which I link to same. Check 'em out.

On the stock, my pitch ran, "[s]lowdown plus convergence-to-crude play. Oil complex prices are ahead of themselves versus spreads and crude prices." Too bad I couldn't have gone long crude futures in CAPS the way I was able to in the commodities markets, huh? But then you'd need weightings, too, and someone might be tempted to use a modern risk-adjusted performance measure. That might threaten the not-invented-here crowd.

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Member Avatar thity2hop (22.10) Submitted: 11/4/2006 12:29:57 AM : Underperform Start Price: $75.08 RIG Score: -28.71

Near top in valuation. Despite high energy prices and push for exploration, the valuation is excessive

Results 1 - 17 of 17

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