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.

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?

No. Only if you want to short them.

Now VVUS is a solid buy! :)

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 :)

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

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

Bump for you