12-18-2013, 10:29 AM
Added SDRL this a.m. @$39.52. Have waited a good while for it to drop back under $40. Just a glance at the chart makes it appear to be trading near the bottom of a channel. Then again, does it bounce back or does it continue to fall through support? These shares were bought in my buy and hold account, so as long as the operation appears sound, I'll likely hold with the expectation of slow accumulation.
Yield is just south of 10%. Fast growing player in deep sea drilling fleet. Has a diversified array of assets. Rapid growth over the past three years, accompanied by sharp increases in the dividend over the period. IMO not a conservative investment, but offers a good balance between risk and reward.
Yield is just south of 10%. Fast growing player in deep sea drilling fleet. Has a diversified array of assets. Rapid growth over the past three years, accompanied by sharp increases in the dividend over the period. IMO not a conservative investment, but offers a good balance between risk and reward.
Alex