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 (3381)	8/13/1998 1:46:00 PM
From: drjoedoom	Read Replies (1) of 5504

Zeev -- your paranoia is astounding! << the management . . . have announced this buy back to create a nice rally (in my opinion, the stock will not exceed $.5 on this move) to allow the floorless to go for another round of shorting. >> So what you're saying is -- management is conspiring with the floorless holders, buying shares so the "floorless bandits" can get more short? You aren't merely paranoid, you're a parody of paranoia. Take this action for what it is: A statement by management that they aren't desperately short of cash. Perhaps also it's a warning that anyone shorting HEC might get squeezed by management itself. Anyway, I guess this pokes holes in the argument that HEC could never exercise its option to redeem the floorless for cash. Meanwhile since, as you've assured us, you never actually get short yourself, you can't actually be losing money today. So take it light! Joe

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