The Company provides 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.
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Hercules always wins.
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Less regulatory BS and a new president with the belief in Americas role in the world!!!!!!!!!!!
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TSx UP & (Buy Cand or C>Maxh10) price $2-$5, V90>=100k, Cap 150m,optionable
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I know. To me, this is a dicey stock. But as long as you regard it as a speculative. Someone was killing me on Twitter, about how Magnum Hunter... I said Magnum Hunter is, again, like Hercules. These are stocks where you're rolling the dice, betting on oil going higher. That's what they are. They're long-term calls on oil.
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Offshore drilling is big business
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An old favorite. Decided to take another ride when it finally came down to my price.
In light, will look for opportunities to add.
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With the oil production picking back up in the Gulf the fleet of liftboats and services from Hercules will prosper
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US release of oil reserves...the ethanol production subsidies are on the chopping block, looks like drilling in the Gulf may be wide open very soon. No one is positioned netter than HERO when it happens. Woot!
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I may be wrong about DO (for now ), but at least HERO is helping my cause...
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The gulf will wake up !!! also the purchase of seahawk is a plus!!!
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Gas demand and price going up in summer push for more domestic oil will drive drilling in the gulf. Baught at 5.70$
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With oil holding at 100+ with no good reason to think it will tank any time any time soon, the race is on to find more. Companies like HERO are sure to do well in this environment.
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This investigation will pass and there stock will rise past $6 again. Just purchased some bankrupt rigs. Should pan out in the long run.
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real money position-in at 2.37-its been a good ride-cant seem going wrong with a long term position but I did take profits to protect my original purchase
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Oil stock, stock going up. Demand will be here for years
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can go up more. I'd sell at 15.00
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My top pick for 2012 in this sector
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Bought $400m of jackups from seahawk for $100, giving hero enough leverage to turn a profit
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Acquired the assets of Seahawk for cheap. Trading at a significant discount to it's assets. Betting that drilling in the Gulf of Mexico will recover.
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