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Bank Of America Chimes In On Diamond Offshore "Leak"

Tyler Durden's picture




 

 

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Tue, 06/08/2010 - 15:31 | 402179 Sudden Debt
Sudden Debt's picture

Why so positive on DO Tyler? First you said to short it, and now your pimping it with one side news?

They didn't come clean with it so they lied. This stock should be shorted. And you can already see it in the financial forums that shorters are stepping in. Maybe tomorrow a bit green and bloodbath by friday :)

DO Going BP style!

Tue, 06/08/2010 - 15:42 | 402203 Tyler Durden
Tyler Durden's picture

Goldman never downgrades a sector without a reason.

Tue, 06/08/2010 - 15:35 | 402184 hellboy
hellboy's picture

a few people here probably went long DO after MHFTs post on RIG...

http://www.zerohedge.com/article/buy-transocean-while-lynch-mob-baying-blood

Tue, 06/08/2010 - 15:40 | 402195 Sudden Debt
Sudden Debt's picture

that wasn't smart. DO has to much exposure on deespea drilling.

but hey... you win some, you lose some :)

Tue, 06/08/2010 - 15:33 | 402185 homersimpson
homersimpson's picture

Well, gee.. I guess this explains the huge runup in separate short-period intervals today intervals in the DJI..

Tue, 06/08/2010 - 17:43 | 402478 You Cant Handle...
You Cant Handle the Truth's picture

Of course it does.  Horrible news is always a buying opportunity.

... for ammo.

Tue, 06/08/2010 - 15:42 | 402200 King_of_simpletons
King_of_simpletons's picture

So it is hurricane Ike (2008) not Ivan (2004).

Tue, 06/08/2010 - 15:50 | 402222 Sudden Debt
Sudden Debt's picture

for all it maters it hurrican Ikelidoedadé.

The drillers must be hanged. We need a scapegoat and DO suits the picture.

Tue, 06/08/2010 - 16:00 | 402245 Gordon_Gekko
Gordon_Gekko's picture

Why is now everybody suddenly so intent on declaring the Saratoga Spill "it's no big deal"? Doesn't matter when it happened - in fact the earlier it happened, the worse it is - it still IS oil in water --> NOT good.

Tue, 06/08/2010 - 17:42 | 402475 You Cant Handle...
You Cant Handle the Truth's picture

Ok, so was Matt Simons correct, then?  

http://www.youtube.com/watch?v=_RIxIyEssYg

If so, how did Matt Simons know?  Who else knew?  Who is trading on this information?

I expect the SEC to be all over this ... oh wait, nevermind, there's still tranny porn for them to smutmine ....

 

Tue, 06/08/2010 - 17:44 | 402481 Sudden Debt
Sudden Debt's picture

I send them some good binarie porn links. They'll be watching porn for the next 200 years ;)

Tue, 06/08/2010 - 17:53 | 402506 You Cant Handle...
You Cant Handle the Truth's picture

In case anyone is interested in the questions I asked, here's a link to a discussion on an earlier article today that appears on point:

http://www.zerohedge.com/article/facts-alleged-diamond-offshore-rig-spil...

I'll just continue the discussion over there.

Sun, 06/20/2010 - 01:30 | 423180 mbtshoe
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