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re: Seadrill (SDRL) has a yield of 0%.

Posted on 3/15/15 at 4:21 pm to
Posted by KosmoCramer
Member since Dec 2007
76549 posts
Posted on 3/15/15 at 4:21 pm to
SDRL down to $9.12

I might just buy some for fun to buy and hold long term, thoughts? It just seems so cheap right now, and they have some positive factors going for them.
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8541 posts
Posted on 3/15/15 at 4:53 pm to
As soon as taxes are done, I'm going to pick up another position. In addition, I have all of the dividends I earn directed to purchase SDRL while it's low. I really like them long term- newer fleet and good contracts (PBR contract not withstanding) I think they'll make a nice recovery in the coming years, and one day, they'll start paying dividends again.
Posted by Boh
Baton Rouge
Member since Oct 2009
12357 posts
Posted on 3/15/15 at 8:51 pm to
I thought $9-$10 would be the bottom but I'm tempted to wait and see if it keeps inching towards $8
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