Two,three and four days ago you were whinning we were headed back to the fours! What changed your mind? Resistance at 5.20? I thought and said that for two weeks,BUT I think HERO falls further.
The Chinese and Indians have no use for our fat bellies, other than entertainment.
It's a tough world out there, and we ain't up to it.
A year ago, the pundits were talking about a
jobless recovery" that left the entire middle class as an insignificant bunch of gnats in the Giant Corporate Economy, and now I think they're forgetting who they need to screw in order to be Big Shots.
Doug Kass today on "Screwflation":
I have to agree 5.20 seams to have super strong support . With the no news the trading range is 5.25 to 6.40 . If hero gets to 6.40 on no news I'm out and back in at 5.40 , hoping to catch a 16% bounce . I think that 2 qt news should be very good and hero will see up movement in 4 weeks void possible neg news .
I agree, 2nd qtr should bring good news. Hero has the additional 7 contracted rigs on the books from the Hawk energy purchase, and the most recent news is for a series of contracts to be signed from another sourse.
Not sure why Yahoo doesn't provide all the finance news, but I found the new Hero contract for a series of rigs on AOL news.
Yea, but corporations keep finding ways to raise their profits - mostly at the expense of American workers. The global demand for energy is just going to keep increasing no matter how much the US slows down. HERO should stay very busy in the next few years.