Ensco International Inc (ESV)


 

I read in Jubak's Journal that ESV has the lion's share of its drilling rig contracts rolling over in the near term. Demand for drilling rigs is tight right now, and this seems like the sort of thing that can cause a short-term fluctuation.

I think I jumped on late on 1/23/06 at $53.60, but we'll see.

Bought some more in an IRA on 2/10/06 at $46.

Liquidated both positions on 3/29/07 at $55.50.

 

 


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