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HOFF is a company that surveyed the damage today from the Hurricane. The stock was up 50% today and I think it can run for a few more days. Volume surely picked up today and people are starting to see what they can do. They already have 200 Million in backlog and now this.
Horizon Offshore, Inc. provides marine construction services to the offshore oil and gas industry around the world. The Company's fleet is used to perform a wide range of marine construction activities, including installation and burial of marine pipelines with conventional 'S' pipelay and "reel" pipelay methods, derrick barge operations for installation of new and abandonment of old oil and gas producing facilities.
Horizon's mission is to pursue operational excellence while maintaining the highest regard for the management of health, safety and environment (HSE) and quality. In all aspects of our work, we provide high quality, industry recognized marine construction services throughout the world.
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Since the company's beginning in 1996, we have been dedicated to assembling a premier fleet of vessels to service the offshore oil and gas industry. We own and operate a fleet of 13 vessels, which provide a full range of pipelay and heavy lift services in varying water depths in the Gulf of Mexico and selected international markets.
Posts: 494 | From: Martinez | Registered: Sep 2003
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posted
It looks good and sounds good. It may keep running or it may start crashing. This has gained 100% in two days. There is definetly going to be some profit taking. The million dollar question: Is there going to be enough new buyers to negate the sellers? This won't continue forever. If I were to get in on this I would wait a little while in the morning and see which way it looks like it is going. If it starts to make gains and you decide to buy in, I would recommend you watch it REAL closely and hold your finger on the trigger.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
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