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Enter Symbol:
Hercules Offshore, Inc. (HERO) [hlAlert]

up 12,300.00 %

Hercules Offshore, Inc. (HERO) downgraded to Sell with price target $4 by Jesup & Lamont

Posted on: Wednesday,  Sep 23, 2009  8:25 AM ET by Jesup & Lamont

Jesup & Lamont rated Sell Hercules Offshore, Inc. (NASDAQ: HERO) on 09/23/2009, when the stock price was $6.20.
Since then, Hercules Offshore, Inc. has lost 99.19% as of 11/10/2015's recent price of $0.05.
If you would have followed this Jesup & Lamont's recommendation on HERO, you would have gained 12300% of your investment in 2239 days.

Hercules Offshore is uniquely qualified to meet operators' needs for exploration, workover and development drilling and liftboat services in shallow water depths in the Gulf of Mexico and international markets. It is dedicated to maintaining its fleets reliability and continually improving their performance. It conducts rigorous maintenance programs on all of the rigs and liftboats on a regular basis and invest in advanced equipment and safety upgrades. And it also offers a diversified fleet with a full range of vessel classes. To meet customers' needs, vessels operate in various water depths and provide a variety of crane capabilities based on vessel selection. And its fleet works for customers across the Gulf of Mexico, and they are also seeking opportunities in international areas with similar water depths and bottom conditions.

Jesup & Lamont's research analysts provide world class research analysis to our clients. Our goal is to deliver fresh ideas within the right sectors, at the right time. In addition to fundamental analysis of companies and sectors, we employ strategists, and technical analysts with comprehensive research insights. As much as we put an emphasis on having the best analytical minds in the business and high ethical standards, intellectual honesty and objectivity are equally as important. Based on its experience and depth of resources, Jesup & Lamont Equity Research provides the financial and strategic advice necessary for successful equity management. Dedicated to providing insightful analysis of stockmarkets and companies, Jesup & Lamont Equity Research is recognized for the quality and timeliness of its investment recommendations. In Equity Research, we have significantly expanded our capabilities to better serve our corporate and institutional clients. Our current coverage list spotlights; Aerospace & Defense, Alternative Energy, Oil & Gas, Retail, Transportation and Utilities. Research extends into every corner of our equities business, supplying invaluable analysis, information, and advise for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2009 8:25 AM Sell
6.20 4.00
as of 12/31/2009
1 Week up  36.63 %
1 Month up  38.74 %
3 Months up  36.25 %
1 YTD up  38.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2009 8:25 AM Hold
12/18/2008 1:25 PM Buy
5.01 8.00
7/30/2008 8:25 AM Buy
26.60 37.50
6/20/2008 8:25 AM Hold
36.46 42.50
6/4/2008 8:25 AM Hold
32.66 37.50

(*) Stock Price at the time of the recommendation.
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