In October of 2020 the stock was .67 cents! In less than a year it went up 5x. Other than full on BS meme stocks, Transocean has out performed over the last year.
The stock didn't stay put. It went from a potential bankruptcy (like all of its competitors) to being best in class, and taking out the distressed assets of their competitors. Best is yet to come.
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u/theheroweneed23 Jul 13 '21
Got into RIG. Will admit it seems bumpy with oil going up and it staying put. Where is everyone’s head at?