bottom of the hour

"Mr Ryan, how did you know he was going to port at the bottom of the hour ?"

" I didn't. It was a fifty, fifty chance" 

The Hunt for Red October

30 months into the draw down. maintenance being pushed to the right. rig count bottomed. cash on hand good until dec 2018. revolvers available. refinancing and maturity schedule hits in 2019 and one revolver pushed right

https://finance.yahoo.com/news/hornbeck-offshore-announces-credit-facility-200100107.html

shorts at 40% of float. good and honest earnings call

it is the bottom of the hour


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