I don't think this upgrade is going to matter at all today. I think we're headed down. No news of a contract yet with the new rig. The longer this goes on the lower the stock goes. Wall Street does not trust management - that's been evident after every investors conference when the stock sells off hard.
Maybe not today or tomorrow, but like I said the fundamentals are there. This is not the old hero you keep referring to. They are in a dominant position in the GOM and are starting to put up good numbers. Hero will be bought or they will make huge gains in pps. The selling yesterday had no volume behind it. Sit back and wait for the green carpet. Late.