If asked, all investors would agree that the stock market has been very volatile in the past few years. Volatility can cause a lot of problems for traditional long term investors, but some investors can use volatility to purchase stocks at low levels and achieve better returns in the long run. For example Transocean and Apollo are facing liability problems which has led to increased volatility. I am going to examine these liability issues and determine if one could benefit from the stocks current lows.