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Strategies & Market Trends : 50% Gains Investing

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To: E_K_S who wrote (117887)	2/7/2014 10:39:43 AM
From: Biotech Jim	Read Replies (1) of 118717

Though your post was not directed to me, since I have been building positions in HK and XCO, I will comment. HK does have a nice but limited activity board on IV, and a couple very knowledgeable posters, particularly RoughRIce who digs up lease and production data for HK. Cash flow for HK should be increasing significantly this year. To me it looks like HK's price has bottomed, but I have been wrong on this one before. They have and are now buying up properties in the Tuscaloosa Marine Shale, and Floyd Wilson has stated publicly that they are watching this play quite closely - there are some difficulties in this area but some strong successes. For XCO the recent money raise ($5/share with no bankers fees) will help operations and Wilbur Ross was the reason for this mechanism. Ross bought in huge in this money raise, and was a large shareholder in the past. What does he know about NG as his expertise in the past was and continues to be real estate. A variant of what they say in the oil bidness, 'its all about the price of NG'.

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