Thursday, June 10, 2010

Nat Gas update: HERO

Hercules Offshore, Inc. 
Thursday, June 3, 2 pm Eastern: 2.59
Thursday, June 10, close: 2.77
Gain: +6.95%
Candlestick analysis: "Wait" (American Bulls)
Summary: There's nothing special fundamentally here. Margins and returns were negative in the past year, while growth was -32%. Revs were $670 million, cash $130 million and debt $872 million. Interesting that a virtual penny stock pays its CEO $1.04 million a year. 

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