HLX always gets lumped in with the offshore drillers. HLX business is usually less boom or bust than the drillers as many producers elect to workover existing wells instead of drill new ones when the price of oil goes down. However, when the price gets this crazy low, I don't think the paradigm holds true as producers just slash spending on everything, including workovers. Still, the reduction in share price for HLX is overdone IMO given their good balance sheet and longer term prospects, but earnings are in the toilet so it is hard to hold ones nose and buy. They could just as easily be in the teens again if oil price starts to work its way back up to where workovers start making sense again.
FWIW, I love the title of this thread and all its implications... the most entertaining being the implication that there are "professionals" on a yahoo message board. Although that might be a bit unfair, because the actual wording leaves the door open for amateurs that are not clueless as well.
They are same stock but on different exchanges priced in different currencies. I agree that ARCTF is not very liquid, but if the prices every deviated from what it should be compared to AMI.TO and USD/CAD exchange rate, somebody who could actually buy both stocks ( a professional, or a computer more likely) could make money arbitraging the difference. This reduces the risk of Illiquidity over a longer period of time.
This board is entertaining at least. GST is a great buy if oil/gas prices go up and it is a lousy buy if price stay this low or manage to go even lower. Place you bets.
IP of ~1100 and the 10 day of ~1050. Good news as it helps prove up the play and is even profitable at today's pricing assuming any kind of decent type curve.