TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (28458)	3/27/2002 12:03:20 PM
From: Richard Mazzarella	Read Replies (1) of 59879

Hi Mark, the SI police searched me out and directed that I report to you immediately. <LOL> IMO gold is simply a commodity, the current interest just a momo play. I still like the pennies, but I have been building positions with the future gold, energy. Like many diseases, the ownership of Arakis instilled a psychotic disposition to accumulate beat-up trashy oil stocks. Piggy Harken (HEC, ~$0.90) is a current interest of mine, it has had the snot knock out of it. Earnings out in the next few days should be awful, but then IMO the bottom is in. They recently set up a wholly owned sub that trades on the London exchange, Global Energy where they should be able to hide debt and bad future news. <LOL> A reasonably large short position with all the bad news in will cover soon. I expect a quick run to resistance $1.21 with the possibility of multiples based on improved NG pricing and economy. Difficulties in the Middle East won’t hurt either. Reporting in as ordered, but am I allowed to go now?

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