SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (26887)5/22/2007 8:27:46 AM
From: Mark Marcellus  Read Replies (1) of 78751
 
Re RIG, I was invested in both RIG and DO for a long time and made good money. I gradually got out of RIG (and reallocated 100% to DO) based on what I considered a lack of transparency, and periodic operational failures, on the part of RIG's management. I still own a good sized chunk of DO, though I pared back in early '06.

I'm no expert (and this is where the drilling thread might be helpful) but my impression is that DO is the better managed company. The two stocks also track each other very closely, with DO being a slight outperformer over the long run, though RIG has outperformed in the past year. For those interested in entering this sector now, that might be a good argument for hedging bets and investing in both.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News