Hi Gary,
I have not heard from Volunteer. Although, I noticed he started his own forum on covered calls. It was listed in my previous post of the other forums on SI.
Before I forget, I will be out of town until Thursday of this week in Tampa. Staying at the Embassy Suites on 555 Westshore Blvd. near the airport if anyone is in the area. Can't miss me since I'm 6'2" tall with black hair and a moustache. I will not be near a computer for two days. Just, piano bar, peanuts and Corona.
Anyway, SESI looks like it is moving lower to about $10 before a bounce. bigcharts.com
SUPERIOR ENERGY SERVICES NASDAQ: (SESI : $10 5/8) $310 million Market Cap at May 4, 1998 Trades at a 13% Premium PE Multiple of 17.7 X, vs. the 15.7 X average multiple at which the Drilling & Marine Supply SubIndustry is priced.
MARINE DRILLING CO. NASDAQ: (MDCO : $24 11/16) $1,281 million Market Cap at May 4, 1998 Trades at a 3% Discount PE Multiple of 15.2 X, vs. the 15.7 X average multiple at which the Drilling & Marine Supply SubIndustry is priced.
TRICO MARINE SERVICES NASDAQ: (TMAR : $23) $467 million Market Cap at May 4, 1998 Trades at a 47% Discount PE Multiple of 8.4 X, vs. the 15.7 X average multiple at which the Drilling & Marine Supply SubIndustry is priced
GLOBAL MARINE INC. NYSE: (GLM : $25) $4,304 million Market Cap at May 4, 1998 Trades at a 21% Discount PE Multiple of 12.4 X, vs. the 15.7 X average multiple at which the Drilling & Marine Supply SubIndustry is priced. . |