Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Paul Senior	12/16/2015 5:42:42 PM
	Read Replies (2) of 78714

Some offshore oil supplier stocks seem to be selling as if their respective companies will go bankrupt before their business improves - if the business ever improves. I own several such companies and am very underwater on all. I add to my positions. Today, a few more shares of Hornbeck (HOS). Stock selling at about a ten-year low. Tangible book value seems to be about $38/sh with the stock now at about $9. Stated bv has gone from about $8 in 2005 to about $40 now. Revenue has gone from about $183M to $635M. The stock's trashed, and maybe the business will never get back to where it once was. I'll try to hold on and watch the Hornbeck family to see if they're going to buy HOS stock at these levels. In past, they've often been astute buyers/sellers. finance.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next