You are viewing a single comment's thread from:

RE: LeoThread 2025-12-12 16-23

in LeoFinance4 hours ago

offshore kind of robotics, underwater, deep drilling things. That's an interesting sector. I haven't seen that too much. I know a couple of ... I'm surprised they haven't gone up more. The rigs, Transocean. I think there's something to that to at least keep an eye on now and hopefully that'll make its way into a recommendation because I don't, again, I don't want to assume that that's just going to happen, but just following everything the way the path leads, I do think that the path of least resistance is for them to catch a bid and get some momentum behind them at some point in the future as long as prices continue to stay elevated, which everything we're seeing right now leads to that. It's so surprising too because if you look at 2019, and I have a chart up here guys, of Transocean rig, this is coming to a file for a very, very long time on the biggest deep water ocean drillers and you look at their stock price. I mean, it was $13 in 2018 and it was, right before COVID it was $7. (31/35)