Replies to post #2084 on Hercules Offshore Inc (fka HEROQ)

[keekee]

If you ask me, I'd say shareholders recovery here might exceed $5. They have sold Hylander and have enough cash today to pay off the debt. The assets will go to shareholders. All the is under contract will sell for good value. Resilience and it's sister...the two 400 ft rigs will do well. Even if everything else sells for 10 to 30 cents on the dollar (which may be more as oil moves up), there may be over well $100 million here over time. I will buy today on open.

[keekee]

Honestly HERO should have traded up instead of down. But sellers will always sell. I bot 7000 shares