Calling a bottom in RIG today Longer Term Trade Holding till Nov Long

Transocean Ltd (Switzerland)NYSE

Description

⋅ Sep 19, 2014 7:24 PM

Comments

timwest

⋅ Sep 19, 2014 7:43 PM

I like buying in the "trash bin" - I was looking at DO, SDRL, etc... today too. Getting very cheap.

Barker

⋅ Oct 2, 2014 8:15 PM

Needless to say, this trade didn't work out. I'm down over 3 points but I'm willing to hold this position longer term due to the high dividend.