Bad news for RIG. Anybody like it here? Where is support? Transocean (RIG) fell 3% to $45.26. An employee of the company, which owned the now-sunken Deepwater Horizon, said an alarm system on the massive rig had been disabled to avoid people getting woken up in the middle of the night from false alarms. The employee, Michael Williams, said the alarm system, if fully operational, would have warned workers to get out of drilling material handling rooms before two blasts that took place. It's believed that several workers out of the 11 that were killed in the accident died in those rooms, according to a report in The Wall Street Journal.