Gabriela and John, I agree with what your saying,I guess I'm looking at it from the standpoint of Rochester. I bought HEC at 3.00 and sold at 6.00 in Sept.,rolled over into ROH at $1.26 and have continued to add. I just keep getting visions of Arakis (ASKEF),trading around 2, with a tremendous amount of proven reserves, but no production,due to no pipeline at present(construction to begin soon), and lots of civil unrest..DD
PS: chances are, I will be a HEC holder again,sometime in the future(possibly the middle of the year),but I will wait till we are closer to production,at this point it isn't worth me playing in a 2 point trading range (6-8). IMO news of production will truely kick this stock in the *ss and send it over the fence(7)..with limited funds,I have to pick and choose,don't have the luxury of owning them all.. |
