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

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To: Richard Mazzarella who wrote (5405)1/23/2002 6:10:57 PM
From: Arktic  Read Replies (1) of 5504
 
I made an excellent ROI during the last major run-up in HEC. This time around, I took a small position and got in a bit late for the run to $1.25. Underwater at this time. Again, I'm thankful that my position is small this time around. Loading up again only makes sense if there is a substantial reason to expect stock price appreciation. With the Enron debacle casting a pallor on the energy business in Houston, I'm not feeling optimistic about a major run up in the stock price any time soon. But I'm willing to listen to arguments that may be favorable to this company. What are you thoughts regarding the near-term and long-term prospects for HEC?
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