Is Transocean A buy? - GoFuckYourself.com

RummyBoy · 05-27-2010, 01:17 PM

At $59.........

Anyone know what the divident paid per share will be this year?

Im wondering if its looking cheap at this price or whether I should hold out for topkill to fail miserably and then go in at a lower level.

RummyBoy · 05-27-2010, 01:25 PM

Another thing that attracts me to this company is that if the dollar gets serious devalued, theoretically the price of oil goes up in dollar terms and so should Transocean profits...... am I right or am i talking shit?

BIGTYMER · 05-27-2010, 04:19 PM

No. Only if you want to short them.

Now VVUS is a solid buy!

grumpy · 05-27-2010, 04:25 PM

hmmm...transocean, owner of platform that went down in golf of mexico, lawsuit coming up for zillion dollars for oil spill, my guess would be sell

slavdogg · 05-27-2010, 05:08 PM

both RIG and BP are buys.

Transocean aleady got an insurance payout on the rig and is not liable for the leak, BP is. Off shore Drilling moratorium is the only threat here. No dividends here.

BP lost well over 30b in market cap. Exxon Valdez cost exxon $4m or about $10b in todays terms. BP has 7% dividend.

both have short term risks, but long term buys for sure.

mmcfadden · 05-27-2010, 05:15 PM

Quote:

Originally Posted by slavdogg

both RIG and BP are buys.

Transocean aleady got an insurance payout on the rig and is not liable for the leak, BP is. Off shore Drilling moratorium is the only threat here. No dividends here.

BP lost well over 30b in market cap. Exxon Valdez cost exxon $4m or about $10b in todays terms. BP has 7% dividend.

both have short term risks, but long term buys for sure.

is that video still spewing oil in gargantuan proportions or has it stopped? really, BP, because I would think that the outrage from all the sea life dying and all seafood going to astronomical proportions will bury BP within 2 years

qwe · 05-27-2010, 05:16 PM

all depends on the market, will it clime back up or sink more... rig will move with the market

LoveSandra · 05-28-2010, 01:48 AM

Bump for you

05-27-2010, 01:17 PM	#1
RummyBoy Confirmed User Join Date: Dec 2009 Posts: 2,157	Is Transocean A buy? At $59......... Anyone know what the divident paid per share will be this year? Im wondering if its looking cheap at this price or whether I should hold out for topkill to fail miserably and then go in at a lower level.

05-27-2010, 04:25 PM	#4
grumpy Too lazy to set a custom title Join Date: Jan 2002 Location: Holland Posts: 9,870	hmmm...transocean, owner of platform that went down in golf of mexico, lawsuit coming up for zillion dollars for oil spill, my guess would be sell __________________ Don't let greediness blur your vision \| You gotta let some shit slide icq - 441-456-888

05-27-2010, 05:08 PM	#5
slavdogg Confirmed User Join Date: Jan 2001 Posts: 3,570	both RIG and BP are buys. Transocean aleady got an insurance payout on the rig and is not liable for the leak, BP is. Off shore Drilling moratorium is the only threat here. No dividends here. BP lost well over 30b in market cap. Exxon Valdez cost exxon $4m or about $10b in todays terms. BP has 7% dividend. both have short term risks, but long term buys for sure. __________________ Adult Traffic for Sale

05-27-2010, 01:25 PM	#2
RummyBoy Confirmed User Join Date: Dec 2009 Posts: 2,157	Another thing that attracts me to this company is that if the dollar gets serious devalued, theoretically the price of oil goes up in dollar terms and so should Transocean profits...... am I right or am i talking shit?

05-27-2010, 04:19 PM	#3
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	No. Only if you want to short them. Now VVUS is a solid buy!

05-27-2010, 05:16 PM	#7
qwe Confirmed User Join Date: Jul 2003 Posts: 2,109	all depends on the market, will it clime back up or sink more... rig will move with the market

05-28-2010, 01:48 AM	#8
LoveSandra So Fucking Banned Join Date: Aug 2008 Location: Just Blow Me Posts: 10,551	Bump for you