Monday, December 13, 2010

UPDATE: HOS falls apart after UIB downgrade

The UIB staff sincerely hopes that you followed the advice of last week's USTOW.  After cashing in on an 8% gain over the course of a month, you would have saved yourself the agony of watching HOS give back all of its gains and then some.  Hornbeck is down 10.5% since last week's issuance of an USTOW, which recommended unloading HOS.

At this time, we would like to reiterate: you're welcome.

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