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Author: DocMonsta Three stars, 500 posts Ticker Guide Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1155  
Subject: Stock is getting hammered since the rig explosio Date: 4/29/2010 9:57 PM
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Look at the trading activity today - off the charts more active than is typical. Like rats from a buring oil rig, everyone is getting the he** out of this one.

This is my personal nemesis stock. I have owned shares for several years. Rode it all the way to the top ($150s/share) and loaded up when it dropped into the 40s. It has been mostly stagnant the past six months and I have been hoping for some upward movement as we start back into a manufacturing cycle. All of the lawsuits related to RIG's failure to stop the oil spill are going to really hurt this company's prospects going forward.

So, do I get out now with a nice 30% profit? Or hold on and hope for more in 5-10 years? Some might see opportunity here, but I am leaning towards being a rat right now...
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