This post was just published on ZYX Buy Change Alert. The Real Reason For Oil Run On January 30th, the Rig Count Report showed a larger dip in working rigs than the consensus. This triggered a short squeeze. The short squeeze has continued. According our algorithms, almost all of the rise
This post was just published on ZYX Buy Change Alert. HERO has been decimated during this oil plunge. It is time to consider accumulating again. Consider scaling in up to 20% in the zone of $0.65 to $0.76. It is trading at $0.75 as of this writing. Caution to new subscribers:
This post was just published on ZYX Buy Change Alert. In the wake of the sharp fall in oil prices, with regards to these positions, investors should carefully assess their time frame. Very long-term investors may consider reducing these positions by 20% – 40% by scaling out on bounces. Short-term to
This post was just published on ZYX Buy Change Alert. Offshore drilling sector has fallen completely out of favor as the oil prices have fallen. With success of on land fracking, economics of offshore drilling has changed. However the selloff in HERO is overdone. The trigger for today’s selloff is the
This post was just published on ZYX Buy Change Alert. The position is long with an average price of $2.55. Currently, 50% of the full core position size is being held. Profits have been taken as high as $6.00 HERO is in the business of shallow water drilling for oil and
This post was just published on ZYX Buy Change Alert. The position is long with an average price of $2.55. Currently, 50% of the full core position size is being held. Profits have been taken as high as $6.00. In addition, there are profits in the amount of $1.19 per share
This post was just published on ZYX Buy Change Alert. The company is a provider of shallow water drilling and marine services to the oil and natural gas explorations and production industries. The company is a potential buyout target. HERO is long with an average price of $2.55. Currently, 50% of the
These posts were just published on ZYX Buy Change Alert. The position is long with an average price of $2.55. Currently, 50% of the full core position size is being held. Profits have been taken as high as $6.00. The company reported earnings this morning and the stock traded as high
This post was just published on ZYX Buy Change Alert. HERO is an offshore drilling firm. The stock is rising about 7% in the pre-market after the company provided an update on its fleet status. As of this writing, the stock is trading at $5.05. Our target remains $8.00 to $10.00.
New subscribers — an opportunity to scale in a buy in HERO is now at hand. HERO provides shallow water drilling and marine services for oil and gas exploration. HERO announced the execution of a definitive agreement to acquire the offshore drilling rig Ocean Columbia from a subsidiary of Diamond Offshore