As hard as it is to believe, this stock is still in an uptrend. The 200 day MA is still rising, even though at a slow rate of about a penny per day. Over the next few weeks the 50 day will continue downward (barring a big jump in the stock price). I imagine the 50 day will bottom just below the $4 mark and hopefully that will provide strong support (it actually did yesterday). With the 200 day currently at 4.70, a close above that would be a huge positive. As we move into earnings period I'm expecting the stock to get closer to the $5 mark. The last rig report showed a big improvement with longer contracts and increased day rates. This month's report should be out any day now.
Mike I got a call from some of the head people at Hercules this morning. Caint say what is going on right now but if every thing goes as planned you will probably looking at a $10 stock by end of 1st quarter of 2012.
Hey poochie, thanks for your positive and uplifting comments regarding the future of Hero's stock price. I believe the day will soon come when the longs will be rewarded.
Pooch, I can't put much faith in your predictions - http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_H/threadview?m=tm&bn=27001&tid=16595&mid=16616&tof=1&rt=2&frt=2&off=1 One thing for sure though, the stock sucks @ss right now.