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Thursday, November 5, 2009

Update on RIG


Yesterday I said I liked RIG, and that it was a buy after earnings, and I published a little report that I had picked up on them.

I think RIG is just misunderstood.

During the conference call, management didn't discuss the litigation charge.

BMO did today, and it's on page 14 of their morning research.

I like the stock.

bmo5                                                                                                                                              

1 comment :

Anonymous said...

i think you're right...they are more than fine...they expanded during the past year and in talking to one of the guys in houston they are doing really well.

we built a building for them. it's a solid play...probably more longer term but a solid stock for your portfolio