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

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To: R F B, Jr. who wrote (5390)11/28/2001 11:34:11 PM
From: Richard Mazzarella  Read Replies (2) of 5504
 
Hi Ray, HEC is looking pretty cheap here. I think I will do some accumulation. ENE may have dragged down all the energy companies today. If HEC breaks $1, it could force lots of stops and we could find a great low buying price over the next few days. There could still be pressure for December with tax loss selling, but there's also a lot of short interest that will want to cover before the January effect takes place. HEC never impressed me for investment purpose, but it may provide a nice trade. I'll just hold my nose with it in my portfolio, shades of Arakis. Any thoughts about HEC?
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