15 Penny Stocks Poised To Explode According To Hedge Funds

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9. Hornbeck Offshore Services, Inc. (NYSE:HOS)

Hornbeck Offshore Services, Inc. (NYSE:HOS) saw 18 investors holding $53.91 million worth of stock in aggregate heading into the third quarter, which represented 51.80% of float. During the second quarter, the number of funds long the stock increased by five. Hornbeck Offshore Services, Inc. (NYSE:HOS)’s stock is 60% in the red year-to-date amid disappointing financial results. The company’s stock is likely to stay low until the oil services market remains under pressure, but it has addressing some issues later, such as restructuring its debt to stay afloat for a couple more years.

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