RIG Transocean Ltd

$RIG 🐂, 25% of the float sold short. RIG could be debt free in 4 years. Cash cow incoming but before that, shorts will capitulate.

$RIG this price action is criminal behavior. It’s obvious that institutions are lending shares to one another so they can sell them short in the open market, driving the price down, loading up more at lower prices, while they still get to keep their original shares. Criminal as heck.. blackstone , Elliot management and many other massive hedge funds have huge stakes in $RIG , I’m not doubting the company, I’m doubting the manipulation behind its price action. The $USO just broke $160 and this is somehow red.. mind you $RIG picked up a massive $300 million contract a few weeks ago that didn’t move the price at all, and now it’s the same it was a month ago, despite having over $7 billion in backlog biz. This is criminal… and for anyone who says that’s just how the market is, I’ve been monitoring this stock for months, there’s no reason this shouldn’t be moving up. The short interest % of float is ~30%, with an exceedingly high institional ownership. Sick…

$RIG what a lovely close, see the news tab, Zacks 2 days ago called this a Momentum stock. One to own. Big Bids into the close is always bullish. That's institutional buying.

$RIG the only valid bearish case for RIG, profitability, is becoming more irrelevant as the company expands its backlog, which is currently in excess of $7B, and oil prices keep ticking up, whereas, there is no clear sign of it slowing down. The potential merger talks with $VAL while not entirely necessary, would create a top-tier synergistic merger that would optimize operations by expanding capabilities, and reducing OPEX, essentialy delivering a significantly higher EPS allowing capital not just for an attractive dividend payout to shareholders, but also shift the valuation significantly.

$RIG I think the short squeeze is starting. They have no control, the buy pressure in the order book is very very significant.

$RIG The shorts have held on to this for so long. Through the green scam to the SOH sham, when will this just be evaluated on its merits. Will it make money and is it a cash cow? Yes to both.

$RIG Ya I'd like them not to jump off a skyscraper but maybe lose enough where they can't make their mortgage payment or maybe have their princess daughters have to leave their snobby private school. I'd be fine with that. Shorting is so anti American it should be outlawed.

$RIG I might be invested too heavily into Transocean. My entire portfolio went up nearly 10% today on a red Nasdaq day!

$RIG I'm not saying this is 100% true but the source has been pretty accurate on Mid East events. Yemen’s Houthis have reportedly laid naval mines across the Bab al-Mandab Strait, a Yemeni military source told German news agency DPA — putting a major oil artery carrying roughly 5.4 million barrels of crude and condensate a day at risk.

$RIG I'd actually like to hear an explanation of this price action that can't be attributed to manipulation. I rarely make such a claim, because most of the time it's just the market knee-jerking to something in an indirect way. Here, we have ongoing and long-term damage to oil & gas production infrastructure, a further long-term desire to diversify oil production sources away from the Middle East, critically low reserves in the near term, and oil over $100/bbl in the near term and possibly longer... and in this name we have an upcoming very synergistic merger with that accelerates the resolution of remaining debt concerns. Merger arbitrage? Anyone? Bueler?

$RIG When RIG has massive wins like this just a few weeks ago, its incredible that RIG is not pushing well past $7.X or $8. STEINHAUSEN, Switzerland, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 with ONGC in India. The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300 million in contract value, inclusive of additional services and mobilization fees. The contract includes two years of priced options that, if fully exercised, would result in the drillship working in India into early 2031.

$RIG popping 6% today with that $80M Deepwater Conqueror contract Solid move backed by strong oil and rig fundamentals Seeing big Jan 2027 call blocks with 30k contracts at both $7 and $10 strikes trading at the ask on InsiderFinance That’s a big play for medium-term upside This is a narrow signal with the entire 5-day options flow just these call blocks Might be smart to wait for more bullish flow or price confirmation before going all in

$RIG Transocean Signs $80 Million Drillship Contract For Work in Equatorial Guinea 06:28 AM EDT, 09/15/2026 (MT Newswires) -- Transocean (RIG) signed an $80 million two-well contract for the Deepwater Conqueror drillship with an undisclosed operator for work in Equatorial Guinea, the company said Tuesday. Deepwater Conqueror will undertake an estimated 170-day campaign, set to begin in 2027. The contract is expected to contribute about $80 million in backlog, excluding additional services and compensation for mobilization and demobilization, Transocean said.

$RIG regardless of the merger arbitrage to buy RIG now pre merger with all of the business opportunities the combined company will usher in is a multi- bagger!

$RIG can rig be 50+ in 5 years? Looking at $MPC, $VLO, who would think these refining stocks can be as explosive as semi? !!!

RIG Stock Edges Higher Overnight: Transocean Announces $300M Contract For Ultra-Deepwater Drillship $RIG https://stocktwits.com/news/equity/markets/rig-stock-edges-higher-overnight-transocean-announces-300-m-contract-for-ultra-deepwater-drillship/cZYBNAtRJNa

$RIG Transocean announces $300M contract for ultra-deepwater drillship Transocean announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 with ONGC in India. The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300M in contract value, inclusive of additional services and mobilization fees. The contract includes two years of priced options that, if fully exercised, would result in the drillship working in India into early 2031.

$RIG $BORR oil prices are 10% higher than 3 months ago and RIG is 4% lower, Borr is 9% lower than 4 months ago. Does not make sense. YTD oil price is 65%up YTD Rig +34% YTD Borr +10% Does not make sense at all!

$RIG Could be a cup n' handle and blast off in the near future. That kind of move would be more sustainable in all likelyhood if it were to be next week or the week after.

$RIG The bullish/bearish sentiment indicator on this page usually seems to be a trailing indicator so I have not (and still don't) put much stock in it. That being said, I have never seen RIG at this high of a bullish sentiment.