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Forum - Gurus Answer Questions    Gurus answer your questions about the art of trading.

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From: dwb12456 (Rep: 0)Date: 03/13/2018 14:05
Forum: Gurus Answer Questions - Msg #626Thread #673997198 (Rec: 0)
Looking to purchase Seadrill shares SDRL soon around area of 4-2018
Question: I know seadrill is under chapter 11 and trading today at .26 /- SDRL also has a subsidiary company known as seadrill Partners SDLP , trading at 3.17 today. To buy the main company stock would it be the SDRL at .26 , read a lot about there position and concerned about statements like current share holders will be wiped out . My concern is if I would buy now at .26 would I also be considered a current stock holder that falls into the existing bankrupty 11 case . Or should I wait until the Proposed April hearing is over in the courts . Thanks dwb

NOTE: This message was originally posted on 2018-03-13 13:44:08 by the dwb12456.



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