Have you been on holiday for a month?
As simple as going to CNBC and clicking oil on right hand side.
Lot's of blood in the streets due to oil getting crushed day after day, HERO is both a small cap and a driller so double whammy.....
HERO will go to ZERO or $4 one or the other....
HERO is so cheap now, anything is possible.
Even the shorts are surprised as to how far and fast it dropped.
It's a bit dangerous to be short at these levels, an offer to take over the company is certainly possible at these levels. Carl or someone else could even take a position and send it back to $3 in a blink.
Sentiment: Strong Buy
If you are daring and have money to blow, buy a whole bunch of near dated $4 calls.
I wish I had sold more of the October $4 at this point.
Be serious,shareholders would vote for $4 at this point if it meant new ownership and management.
The current crew is a complete joke and totally worthless.
Right, even if you authorize one but never execute on it.
At least pretend like you are doing SOMETHING besides flying to conference and eating $90 steaks.
First there was LOCO, now we have the insanity of BABA.
The CRASH is coming.
Crashing oil prices and deflation.
Get out while you can...