My friend was contemplating buying some RIG shares for the long term, so he asked me whether Transocean pays dividends or not. I didn't know what to answer, see, the short answer is Transocean doesn't pay dividends.
However, that answer can be modified...
We're now in the beginning of January 2012, and the January Effect is now set to take place: stocks that should not go up will go up, merely because those who have sold them back in December will buy them back in January. The January Effect will...
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- Tags: AIG, BAC, BP, c, CA, DANG, GRPN, LNKD, MFC, NFLX, NOK, QSFT, RIG, RIMM, YOKU
I used to take the public transit last year, and sometimes, yo do actually get to overhear some interesting conversations. One of these conversations was between 2 university students, apparently both were taking an investment course, and one of them was...
One of the factors that I use to buy stocks is their P/E Ratio (Price/Earnings Ratio). The P/E Ratio is calculated by dividing the share price by the EPS (Earnings Per Share). For example, in the case of RIG, the P/E Ratio = Share Price/EPS = 73.10/2.97 =...
I was talking to a fellow stock trader a couple of days ago, and we were discussing stocks, and how fast you can make money if you don't have these two stock trading sins: fear and greed (I will discuss them another time). Anyway, during the conversation,...
RIG, as I've stated before, is one of my favorite stocks. A month ago, I argued that it was undervalued, along with other offshore drilling stocks, but is it still undervalued? Is it not, at the current price of over $80, a bit overvalued?
Let's...
December 21, 2010 | In: Energy
One of the few stocks that I really love is RIG. I was checking it today to see if it's at a "buy" price. The price was $69.71, which I feel is an attractive price, but not that attractive. However, when you look at RIG's P/E (9.06), the current stock...
The market will open in a 15 minutes (or less), and most of the stocks I'm watching are up in the pre-market, let's see if the levels we're seeing ahead of the trading are sustainable throughout the day. I personally feel that today will be very volatile...
Of course we all know about the blame circus that happened after the rig explosion in the Gulf of Mexico. The government blamed BP, BP blamed Transocean (and everyone else), and, of course, Transocean blamed BP. BP and RIG fell to a low of $26.75 and...
Here's a list of some of the stocks that I would love to have, and the price I'd like to buy them at:
RIG: The most beautiful stock in the world, someone should name a whole city after RIG (let's call it the "Rigged City", get it?). I always made money...