Charles Petredis

Helix Energy Solutions Group: The Little Engine That Could

Thanks for the kind words. Helix had a heck of a drop down to about $3 but it has had a great comeback. I still have faith in their management, and they are the type of services company that will benefit from increased oil prices more so than others because of their deepwater bias.


On 2008 Sep 14 10:51 AM Steve15 wrote:

> This is a great article. I also really like your website bullishbankers
> too. You guys really provide some insightful ideas.
>
> Good Work, Keep it up!!!

Stock Market Investor Depression

I have to agree with your logic on this one bud. There is a reason millions of people attempt to immigrate to this country every year. Deep down every knows that the freedom that we have, especially in terms of business, is more desirable than any other situation across the globe. Obviously we have had our fair share of bad recently, but I'd rather take our "bad" than the rest of the world's "bad" any day of the week.


On Feb 24 03:16 PM user344210 wrote:

> I wish I could give your comment a few hundred thumbs down.
>
> Where in the wide world of sports do you find a better economic system
> than the free-market system? I've studied history intensely (have
> an MA and did most of the work toward a PHD in it before I decided
> on other pursuits) and the capitalist system is the only one that
> even comes close to working long-term. I'm no Pollyanna but things
> could be a LOT worse.

Analysts Are Clueless on Noble

Couldn't agree with you any more. Unfortunately in the short run fear can overtake fundamentals which is one of the key learning points from this financial crisis. With the internet in the age of instant information it is very difficult to be patient but one year from now we won't be sorry for holding Noble/Transocean/Diamond.


On May 05 03:14 PM basehitz wrote:

> Logic is not allowed in this market. I agree on value of NE. But
> look at this past rally. The most speculative, and arguably lowest
> quality saw outsized gains (e.g., DPTR). Take a minute and look at
> the earnings (or rather losses) expected for the next 2 years. No
> problem, +200% during this rally. And their balance sheet is scary.
> PTEN has a strong balance sheet but also losses expected next 2 years.
> Also outperformed NE. Crap is rewarded, quality less so. Of course,
> the next selloff (which I believe starts soon) will punish the junk.
> So let's assume the hope rally finally takes a breather. Oil and
> NG will go down taking OIH and all it's parts with it. Then I'd really
> like to own NE, RIG, and other high quality names.