HAWK and BORDERS FILING BANKRUPTCY (hawk getting major haircut) BUT HERO POPS
Seahawk's Pain is Hercules' Gain
"There's also some boom and bust news in the off-shore oil sector today: Seahawk Drilling will seek Chapter 11 bankruptcy protection and sell 20 rigs to Hercules Offshore for $100 million. HAWK plunges 62 percent in the premarket on the move, but HERO is up 19 percent following positive comments from analysts at Weeden and Jefferies. "
In 2007 BGP was over $23 a share.
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