I was wondering where the frickin 50K sell blocks were coming from twice a day creating new bottoms day in and day out. Interesting...now, I wonder if anyone will actually do\be able to do something about it...
Ahhhhh...gotchaya. Still, hope the LOI for the extension is six digits versus five. No one else is getting five digit day rates at this point...
Well, after hours, someone likes what they see? HERO is up a dime and you NEVER see that kind of price action after hours...Hope that holds going into tomorrow.
I'll say it again, "First week of the year in 2012 and 2013, down. Next three months, pretty much all the gains for the respective years were made...rubber hits the road in the next two weeks after the Fri close"
First week of the year in 2012 and 2013, down. Next three months, pretty much all the gains for the respective years were made...rubber hits the road in the next two weeks after the Fri close
Approaching the 50day moving avg. Get through that and we could see a bit of a run...gonna be interesting to see if HERO can get through it. Four cents away...50day could cross the 200 day in the next two to three months and that should provide the added lift to get HERO to $9 to 10 in the next six months...Not a bad entry point imo...?
I disagree...the Market priced in this year's earnings while HERO was still running a deficit. I think the problem the Market has at this point is seeing where HERO is going to grow profits moving forward. We're in the sweet spot, right now, to see HERO make its annual move. Last two years it has been by April. If we don't see anything by June, this thing ain't going anywhere for the rest of the year...just my two cents
Truth. They also called HERO THE top small cap buy for 2013. At least they stuck to their guns and didn't 180 on their call. Yeah, they prob have client money in HERO, but they could have changed tact with it and covered their losses with the way the market has run. I'll call it a positive they're sticking with their call. Also, let's not forget the late 2013 rig explosion. HERO was about to crack $8 with earnings RIGHT around the corner and then it fell off a cliff. The rebound from the incident was impressive, still, didn't help HERO's performance one bit this year.
Good to see a lot of the old names here, fellas. Congrats to all of the CT alumni who are collecting their dividends :) ...and thx to bjspock, where he is, for talking me through the weird times with CT. Looks like we got our paydays, gents and ladies :)
I'll add, the big 50K sell blocks that happen a couple times a day are still there. The diff is the shares just get absorbed without the price getting driven down 15 to 25 cents a shot when the stock gets some traction. At least that's what has been happening for the last couple of weeks or so. Additional not, there are a sh1t ton of $8 April calls (sh1t ton for HERO which doesn't tend to be super option heavy) out there. Looks like a lot of peeps think HERO will be at least $8.50 come April. Hope they're right. I still think HERO runs quick to test $10 if it EVER breaches $8
The same could have been said coming out of Q4 in 2011 and 2012 heading into Q1 in 2012 and 2013. We'll see what happens. I called last weeks rush up based on a huge sell block that didn't budge the stock one bit last Monday and the previous years upward bias. Let's hope the Q1 rush happens this year too. The money in HERO has been made end of Q4 and Q1 the last two years.
PS - THREE UP DAYS IN A ROWWWWWW....WOOOOOOT WOOOOOOT!!!!! EOY\1st Quarter rush up is on AGAIN...?????? Hope so!
"Jon Najarian is a buyer of HERO." Did not see that. That's right about the time it leapt a good chunk. Thx for pointing this out...
LOL. Nice use of the word idiot last week, Mike. I was honestly a bit disappoint. You may b1tch a lot, but you're not normally such a d1ck. As far as being wrong goes, a 15% gain versus two weeks of fresh 52wk lows, I like my version of wrong a lot better.
A day late and fourteen cents short on my call versus your call last week of new 52wk lows every day through year end. I feel pretty good about my call. "How about you?"
Dow Jones Newswire reported HERO filed a mixed securities shelf-registration. Looks like more plans to hustle some of that debt. No deets on the registration.
A "mixed shelf" is the shelf registration of different types of securities, such as a mixture of debt and equity. One could do a mixed shelf of common stock, preferred stock, and convertible debt securities, up to an amount specified in the registration.