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Gold/Mining/Energy : Harken Energy Corporation (HEC)

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To: Rod Copeland who wrote (5118)11/2/2000 1:39:35 PM
From: John L.  Read Replies (3) of 5504
 
Rod,
You have been around HEC for a while, can you tell me why there are many trades of 100 shares of stock? Today a 100 share purchase cost $50 max, say you have a cheap commision of $5, 10% of your cost which you pay again to sell. The stock must go up 1/8 to make $2.50, who are all of these high rollers? I have averaged down from $3 to about $1.25 and will have a couple thousand shares after the reverse, sometimes when I see these 100 share trades I wish I had that kind of money. I hope there new consultants are better at finding oil than the current group is.
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