Mike, that's what I've been saying for 2 years now, not sure if you were listening. Hercules will need to show a profit, and prove to Wall Street that the turn around is happening before we see any substanial increase in share price.
That's why I'm chilling out and being patient. When the economy starts to boom again Hero will follow suit.
report is quite positive. The already robust domestic backlog kept steady without extensions on the Chevron rigs. As these are almost certain to stay, they actually build additional backlog and dayrates keep improving. Also a new 100K rate for an international rig.