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Diamond Offshore Drilling Inc

Diamond Offshore Drilling Inc (DO)

13.99
0.00
(0.00%)
Closed December 04 4:00PM
0.00
0.00
(0.00%)

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DO News

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DO Discussion

View Posts
sc00pnDump sc00pnDump 1 year ago
8k out
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ALERTS100%to10000%GAIN ALERTS100%to10000%GAIN 3 years ago
DO~$8.10,looks great to breakout in little,,~http://charts.stockfetcher.com/sfchart/6fmssUN6Fj.png
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spec machine spec machine 3 years ago
Now it's trading as DO

post restructuring

let's see where she goes, shall we?

spec

as for me, I'll probably go for a week in the FL Keys for fishing and fun with friends
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jip53 jip53 3 years ago
there were warrants attached to the cancelled shares! ,any idea what will happen to them? will there be any settlement?
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Dennisb68 Dennisb68 3 years ago
So are all shares of Diamond Oil worthless?
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Renee Renee 4 years ago
DOFSQ: BL PLAN effective. All shares cancelled.

https://otce.finra.org/otce/dailyList?viewType=Deletions
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CashCowMoo CashCowMoo 4 years ago
bro i set my certs on fire years ago lol. 10.5 million shares and it felt amazing to burn them.
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uber darthium uber darthium 4 years ago
At least we still have CMKX certs and Moooooo !!!! I heard 69 cents and DHL had the packets out for delivery

The good old days...
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CashCowMoo CashCowMoo 4 years ago
damn that sucks
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uber darthium uber darthium 4 years ago
Moooo. No Cash in Diamond Offshore for da moooo man

This one really sucks
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CashCowMoo CashCowMoo 4 years ago
Wow I just randomly came across Diamond Offshore and I had no idea it traded at 17 cents! What happened?
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Dennisb68 Dennisb68 4 years ago
As a shareholder is there anything we need to do to be part of any claims?
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Bieldog Bieldog 4 years ago
That is a false statement ! I have confirmed via email its toast after restructuring is complete im.out

Good luck
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Dennisb68 Dennisb68 4 years ago
With the stock being up the last several days I am guessing the market doesn't believe we will lose our stock.
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Bieldog Bieldog 4 years ago
The unknown is will we all lose our stock upon restructuring?
Im.hoping not but its 75% chance we do....
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MrChap MrChap 4 years ago

Looks like they are working out the final phase of this

https://www.prnewswire.com/news-releases/diamond-offshore-announces-comprehensive-restructuring-plan-301213639.html
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MrChap MrChap 4 years ago
https://www.wsj.com/articles/diamond-offshore-strikes-restructuring-plan-agreement-11611576582

Looks like they are working out the final phase of this
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Dennisb68 Dennisb68 4 years ago
Up 26% today. What's up?
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jjohnsontech jjohnsontech 4 years ago
whats going on with the banktruptcy? will this eventually RS and take my shares?
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randysavage randysavage 4 years ago
Today is EARNINGS however it's all loss and no EARNING. Any one understand this restructuring plan or what is happening???
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Dennisb68 Dennisb68 4 years ago
You may very well be correct.
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Juntao Juntao 4 years ago
.40 again soon
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Juntao Juntao 4 years ago
here we go
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Juntao Juntao 4 years ago
$1 time
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Dennisb68 Dennisb68 4 years ago
Good day for Diamond oil.
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Dennisb68 Dennisb68 4 years ago
Wasn't that long ago it was over $9.00
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PAUL_MARKOWITZ PAUL_MARKOWITZ 4 years ago
Looking for at a least a DOLLAR here..
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Dennisb68 Dennisb68 4 years ago
Now up more than 80%.
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PAUL_MARKOWITZ PAUL_MARKOWITZ 4 years ago
DOFSQ going 70 CENTS...poised to gradually see DOLLAR in a near future
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Majic Majic 4 years ago
DOFSQ up more than 50% this morning. Nice.
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Dennisb68 Dennisb68 4 years ago
Up 32% this morning. Nice....
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Dennisb68 Dennisb68 5 years ago
That would be nice..
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PAUL_MARKOWITZ PAUL_MARKOWITZ 5 years ago
DOFSQ...gradual climb to perhaps DOLLAR>>>
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Dennisb68 Dennisb68 5 years ago
That would be nice..
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lvhd lvhd 5 years ago
Flippers out. Let's see 0.50 DOFSQ
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lvhd lvhd 5 years ago
DOFSQ looking good
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PAUL_MARKOWITZ PAUL_MARKOWITZ 5 years ago
DOFSQ on the MOVE>>>
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Renee Renee 5 years ago
You're quite welcome. Best o' luck with DOFSQ.
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jip53 jip53 5 years ago
Thank you!
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Renee Renee 5 years ago
jip53: from pages 33 and 34 of DOFSQ's 10Q:

https://www.sec.gov/ix?doc=/Archives/edgar/data/949039/000156459020020673/do-10q_20200331.htm

(black hilites are mine)

Trading in our securities during the pendency of the Chapter 11 Cases is highly speculative and poses substantial risks. It is impossible to predict at this time whether our common stock will be cancelled or if holders of such common stock will receive any distribution with respect to, or be able to recover any portion of, their investments.

We have a significant amount of indebtedness that is senior to our common stock in our capital structure. It is unclear at this stage of the Chapter 11 Cases if any plan of reorganization would allow for distributions with respect to our common stock and other outstanding equity interests. It is possible that these equity interests may be cancelled and extinguished upon the approval of the Bankruptcy Court and the holders thereof would not be entitled to receive, and would not receive or retain, any property or interest in property on account of such equity interests. In the event of a cancellation of these equity interests, amounts invested by such holders in our outstanding equity securities will not be recoverable. Consequently, our currently outstanding common stock would have no value. Trading prices for our common stock are very volatile and may bear little or no relationship to the actual recovery, if

34

any, by the holders of such securities in the Chapter 11 Cases. Accordingly, we urge that extreme caution be exercised with respect to existing and future investments in our equity securities and any of our other securities.

All other SEC Filings for DOFSQ:

https://www.sec.gov/cgi-bin/browse-edgar?company=Diamond+Offshore+Drilling&owner=exclude&action=getcompany
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jip53 jip53 5 years ago
Would the existing shares be canceled? ,what is the best outcome here?
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lvhd lvhd 5 years ago
Nice.
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Dennisb68 Dennisb68 5 years ago
Oil down 7%, DOSFQ up 11%.
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Dennisb68 Dennisb68 5 years ago
Companies like Marvel. Texaco, and others have done very well after Bankruptcy. In fact Apple was very close to filing BK in the late 90's. It's an opportunity to shed a lot of debt. That is the purpose.
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TuMaRu TuMaRu 5 years ago
No problem, good luck. Bankrupt companies generally don't survive in the long run, from what I've seen. Nor do they pay their bills
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Dennisb68 Dennisb68 5 years ago
I believe you are wrong. Eventually drilling activity will increase and the stock will recover. Not holding for today but for the future. The stock has already taken it's hit.
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TuMaRu TuMaRu 5 years ago
EPS is -$8 per share and drilling activity has come to a standstill. In typical Ch. 11, shareholders lose everything and this will be no exception. Wrong company, wrong industry, wrong time to be in oil.
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Dennisb68 Dennisb68 5 years ago
Oil up 12% today and DODSQ up 20%. I'll take it.
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Dennisb68 Dennisb68 5 years ago
I believe that longer term the bankruptcy will be good for shareholders.
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lvhd lvhd 5 years ago
To create value for shareholders. LOL
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