Offshore Drillers: About That Short Squeeze…

Yesterday, the folks at RBC predicted that offshore drillers like Ensco (ESV), Noble (NE) and Transocean (RIG) could squeeze the shorts when they released their earnings. Not this time, following earnings from Atwood Oceanics (ATW), Ensco, Noble despite the fact that earnings were pretty decent. Statoil/Scanpix/Associated Press Cowen’s J.B. Lowe and Roland Morris have the [...]
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