Showing posts with label HERO. Show all posts
Showing posts with label HERO. Show all posts

Monday, June 23, 2014

NO GO

A bit early on HERO.  Will it find support at 4.12 (a 22 month low)?  This stock is not behaving as expected.

Friday, June 20, 2014

READY, SET, GO!

Willing to take a chance, HERO down 8% (4.51) this a.m. on not so glamorous report.  My take is that this could be a good entry point.

Wednesday, June 18, 2014

LOOKING BETTER NOW

HERO (4.88) may have turned the corner.  Formed a base, crossed above the 50 dma, time to consider loading up on this stock.

Monday, March 10, 2014

READY TO PULL THE TRIGGER


At 4.78 this morning, HERO looks inviting.

Thursday, January 23, 2014

A DEAD CAT BOUNCE?

Can this one be saved?  Looking (just looking) at HERO (4.80); it is risky, but there may be some bounce in this stock.

Monday, April 30, 2007

A Nice Jump by HERO

This morning we woke up to some welcome news on possitive Q1 earnings for Hercules Offshore Inc. (HERO).
On March 13, 2007; just over 6 weeks ago, HERO emerged as a possible bargain at 26.87. Today it is trading at about 32.10, a 19.46% return in a very short period of time.
It may be wise to cash in on some profits at this time.

Tuesday, March 13, 2007

On a Bloody Day, Opportunities Arise

Another crushing day at the market. Just two weeks after a major pull-back, we see stock prices tumble again.
At this point, I am tempted to view this action as a healthy correction (between 5% and 10%) from the February 20 record highs.
Provided this sell-off doesn't develop into a downward spiral, we may see some buying opportunities on selective stocks. If the trend continues, buckle your seatbelts, we could be in for a very rough ride.
Today, Hercules Offshore, Inc. (HERO) is down .02 at 26.87, it just broke above the 50 day moving average and is holding well at a time when everything else is bleeding.
Hercules Offshore, Inc. and subsidiaries provide shallow-water drilling and liftboat services to the oil and natural gas exploration and production industry in the U.S. Gulf of Mexico and internationally.
Average daily volume is 573,000; leading P/E is about 6, earnings have increased consistently for at least the last three years with good projections for '07 and '08, made a nice base at 25.
Trading at about 38.5% below it's 52 week high, this may be a bargain worth researching.