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Hornbeck Offshore Services, Inc. Message Board

  • vitacolter vitacolter Jan 31, 2011 8:36 AM Flag

    HOS: Century Exploration Sues U.S. Over Drill Ban Changes

    I hope this is a game changer for HOS..."Century Exploration Sues U.S. Over Drill Ban Changes"

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    • The Obama Administration will have to stop playing games in the Gulf with what is going on in the the Mid East. However this is a great cheap stock no matter what . They can deploy their ships anywhere in the world. They have a brand new state of the art fleet. Take a look back to see what HOS earned and where the stock traded last time oil went over $100 . Now they have a bigger better fleet. The cash flow will be huge in this company and they will be paying down debt rapidly. All this and the stock is still trading below tangible book value north of $30 with a great management team. I am looking for a easy double and probably a triple from here. My only regret, is I did not buy more shares when it went below $20 a few weeks back. I cheaped out.

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