Harken Energy Corporation (HEC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gator II who wrote (3111)	7/5/1998 11:29:00 PM
From: Zeev Hed	Read Replies (3) of 5504

Gator, the most common element was that the company was already on the rope. I would suggest that an avenue of investigation should be to find out who owns those floorless convertible and see if these people were involved before in such stratagemes. The fact that "officially" no shorting can occur until a given date did not help CTYS, where one tranche was not supposed to come into play until March this year and the stock started o collapse in January. If you find common owners of these floorless with other floorless were the floorless managed to, in essence take control or drastically reduce the stake of the current commons. AKSEF had close to $80 MM in cash when the vultures started to circle around it and brought it from 6 to 2, so money in the bank is no assurance. That is all I can say. I hear from your post that there are great beliefs of quantities of oils down there (and the same Strain outfit also claimed that AKSEF had "probably" between 5 to 13 billion barrels, so do not take their guesses too seriously). What proof is there? Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next