Harken Energy Corporation (HEC) Message Board

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

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To: Zeev Hed who wrote (3080)	7/1/1998 12:46:00 PM
From: R F B, Jr.	Read Replies (3) of 5504

Zeev : A year or maybe two ago, when you first looked intoo HEC, they had entered into a similar financing with European investors. This financing allowed shorting against the box and gave HEC all it could handle to blow through $3.125. However, once it did so the stock took off to greater heights. This current financing is now the 3rd such deal HEC has entered into. Should one surmise that this 3rd time will be their downfall? I believe the trend is your friend and see no reason why HEC should not flourish once a breakthrough of $6.50 is made. Any hit will do this imo and leave those short running for the hills. Regards, RFB

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