Re: SDLP!
All OSD share prices are extremely weak at the moment. Plus, SDLP has a few other things against it compared to others - it has a weird capital structure, has a small public float, and has "Seadrill" in its name.
That said, i'd like it to stay where it is or lower until at least the next couple of dividends. That weird capital structure is a strong incentive for management to pay out dividends - the company is pretty far in arrears with regard to the "minimum distribution," and they will eventually want to make that up to get a larger benefit for SDRL. I think they will ramp the dividend payment up as soon as day rates start to climb again. The more shares we can buy per $ of dividend currently, the better.