07-28-2012, 06:11 AM
(This post was last modified: 07-28-2012, 06:47 AM by ValueSleuth.)
Clearly, there's a problem with ATP -- either a rumor or reality.
As I've previously stated, it is a question of whether they survive or not. Before, I'd believed they would. Now, who knows?
IF, they survive in their present form -- and that's a BIG IF at this point -- the Preferred Stock is the better buy, by far.
However, anyone buying now better have a strong stomach for extreme risk.
VS
As I've previously stated, it is a question of whether they survive or not. Before, I'd believed they would. Now, who knows?
IF, they survive in their present form -- and that's a BIG IF at this point -- the Preferred Stock is the better buy, by far.
However, anyone buying now better have a strong stomach for extreme risk.
VS
Here's a curious and provocative comment by saratogahawk in a response on the following SA thread involving SDRL: http://seekingalpha.com/article/756541-seadrill-s-latest-contract-promises-revenue-growth-and-improved-earnings?source=email_rt_article_title&ifp=0
"However, RIG has taken a 17 well drilling program with ATPG in the North Sea starting in December so I am confident that ATPG must have found a partner for the North Sea work. No way RIG takes a major contract with ATPG unless they think it will actually happen."
If the information is factual, ATP's current situation would be RADICALLY improved.
Connect the dots.
VS