Sea Drill (SDRL)-Long Term

This chart represents one of the top 10 Ocean Oil Drillers in the world. They are in bankruptcy and preparing final plans for the reorg.

This play reminds me of Delta after the 9-11 attack and their bankruptcy reorg.

This is a pure speculation play with a potential for a great reward.

t1 is 29.50 for as long as it takes.

My plan is to acquire 1500 shares prompt for a long term hold. (hodl)