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To: Paul Senior who wrote (26240)3/6/2007 3:53:57 PM
From: epicure  Respond to of 78764
 
I have a stub also, and did the same thing you did- sold some HLX (and some HW) last year for the loss. I think we have a retest coming, and I'm not sure the indexes will hold, so I will not buy here. I would buy if it goes below 30, because I really like the company, and I will buy later, when I see a little stability, but I won't buy now. I've already lightened some of my other positions. Could be wrong. Maybe there won't be a retest.



To: Paul Senior who wrote (26240)3/7/2007 10:11:07 AM
From: Grommit  Read Replies (1) | Respond to of 78764
 
HLX -- I joined you on this one. Not sure why their business combines both marine contracting and oil and gas operations, but the PE is attractive and there are some real insider purchases at market prices.