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What happened to SeaDrill the past couple of weeks?

Posted on 4/10/17 at 12:38 pm
Posted by Civildawg
Member since May 2012
8555 posts
Posted on 4/10/17 at 12:38 pm
Stock plummeted. Are they about to go bankrupt? i might take a gamble on it.
This post was edited on 4/10/17 at 12:39 pm
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43456 posts
Posted on 4/10/17 at 1:14 pm to
I hate looking at it. I tried getting out one day and the stock stopped .01 before my sell price and plummeted. Biggest mistake in investing.
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6717 posts
Posted on 4/10/17 at 1:17 pm to
after i made ten bucks i got out, RNN is my bread and butter now
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2788 posts
Posted on 4/10/17 at 3:51 pm to
This


Seadrill Warns of 'Likely' Bankruptcy Filing in U.S. or U.K.

DJ Realtime News – 9:34 AM ET 04/04/2017

Offshore drilling services company Seadrill Ltd. (SDRL) said Tuesday it is planning a comprehensive debt restructuring that will likely include a bankruptcy filing in the U.S. or the U.K. "We expect the implementation of a comprehensive restructuring plan will likely involve schemes of arrangement or chapter 11 proceedings, and we are preparing accordingly," the Bermuda-based company said in statement. A scheme of arrangement is a U.K. court-supervised debt-restructuring...
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