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Enter Symbol:
Ocean Rig UDW Inc (ORIG) [hlAlert]

down 83.07 %

Ocean Rig UDW Inc (ORIG) rated Buy with price target $26 by Wunderlich

Posted on: Wednesday,  Sep 4, 2013  10:25 AM ET by Wunderlich

Wunderlich rated Buy Ocean Rig UDW Inc (NASDAQ: ORIG) on 09/04/2013, when the stock price was $18.32. Since
then, Ocean Rig UDW Inc has lost 83.08% as of 01/19/2016's recent price of $3.10.
If you would have followed this Wunderlich's recommendation on ORIG, you would have lost 83.07% of your investment in 867 days.

Ocean Rig UDW Inc. is a Marshall Islands-registered international offshore drilling contractor. The Company provides oilfield services for offshore oil and gas exploration, development and production drilling. It specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. Ocean Rig owns and operates two ultra-deepwater semi-submersible offshore drilling rigs, the Leiv Eiriksson and the Eirik Raude, both based on the Company?s Bingo 9000 design. In addition, in January 2011, the Company took delivery of the new build drillship Ocean Rig Corcovado from Samsung Heavy Industries in Korea. As of December 22, 2010, Ocean Rig UDW Inc. was majority owned by DryShips Inc., which held a 78% stake in the Company.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2013 10:25 AM Buy
18.32 26.00
as of 12/13/2013
1 Week down  -6.42 %
1 Month down  -6.33 %
3 Months up  3.66 %
1 YTD up  4.91 %

(*) Stock Price at the time of the recommendation.
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