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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: Fintas who wrote (4797)12/4/2014 11:35:50 AM
From: Fiscally Conservative1 Recommendation

Recommended By
mary-ally-smith

  Read Replies (1) | Respond to of 15903
 
Lol...

Sucking wind with 2016 $1.00 calls is no day trader in my book.
But we all know how you like to twist facts .
Lol..

When u have a clue I'm sure others on S.I. will let you know.
Until then, keep living the dream.5



To: Fintas who wrote (4797)12/4/2014 1:37:16 PM
From: SGJ  Read Replies (2) | Respond to of 15903
 
Read this and tell me what it means for DRYS/ORIG.

Fintas

Hamilton, Bermuda, December 4th, 2014- Seadrill Limited ("Seadrill") has settled a Total Return Swap agreement (TRS) expiring on December 3, 2014 with 4,000,000 common shares in Seadrill Limited as underlying security. Seadrill has subsequently entered into a new TRS agreement with exposure to 4,000,000 Seadrill Limited common shares. The expiry date for the new TRS is March 3, 2015 and the reference price is NOK96.0243 per share.

Seadrill currently has a holding of 318,740 of its own treasury shares.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



What does it mean? TIA