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Non-Tech : Kirk's Market Thoughts

COHR 159.88

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3:33 PM EST

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the traveler

To: Gottfried who wrote (2112)	10/15/2014 3:47:32 PM
From: Jerome	1 Recommendation Read Replies (2) of 26431

Hey Gottfried,...I think you picked the bottom on the oil drillers like ESV (post 2054) You have noticed that oil rig owners have been up the last three or four days in spite of the fall crude prices. Seadrill, (SDRL), Transocean (RIG), Noble (NE), and Ensco (ESV) are doing well the last few days. Seardrill pays a 17% dividend ($4.00 a year) and has stated several times that the dividend is safe for another 2 years. All of these companies have been trading at much higher volume then normal the last week or so. All of the above companies pay very healthy dividends, which have been ignores for months. Its strange that potential investors pay more significance to idle stock chatter then to what these companies are saying publicly.

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