Helix Energy Solutions Group, Inc. (HLX)

[jugs]

Either my instincts are right on the mark or what we're seeing here is a reaction laced with disapproval over the merger involving MDR. I suspect it's a combination of the two.

HLX is moving independently of any sudden change of perception stemming from a move predicated by a need to consolidate with another company for the sake of financial stability. In spite of the fact that HLX has seen fit to put itself up for sale, the fact remains that HLX is very much in command of its future, at least until such time as the company elects to change something. As of this moment, nothing of the sort has emerged.

My take is that MDR is being regarded as having moved in concert with financial discomfort. That equates to a position of weakness, doesn't it?

No surprise, then, that we find MDR down 2.69% while HLX is above 4.37%.

As is my policy, my participation at this early stage follows:

Shares held: 300
Cost basis: $7.08

I'm operating on margin (borrowed $). This speaks to my positive expectations for HLX despite its being in the throes of struggling to rise above suffocation common to many entities within the hydrocarbon sector. My hope is to find ways to add meaningfully to my temporarily anemic position.

Good luck to others pursuing this pick.