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Strategies & Market Trends : Turnarund Investing -- Ignore unavailable to you. Want to Upgrade?

To: bankbuyer who wrote (1053)	5/8/2012 9:46:41 PM
From: Covenant	1 Recommendation Respond to of 1876

Buying underpriced securities is how you make money. Hitting new lows does not mean securities are underpriced. Many of these just keep going LOWER. I hope for his sake that Kirby did not get back into HEK like he said he was going to do. Even before you get into valuation, HEK has a management issue which would cause me a great deal of pause. Plus, I'm quite leery of SPACs even with decent management. Add those two characteristics together and you get a company which should be avoided. The market continues to vote its support for my opinion. One common theme of deer in the headlights bottom feeders is they look at high short interest as a short squeeze opportunity rather than a bright red flashing warning light. Since their view of how to make money is at the expense of someone else (shorts) rather than as a result of good business plans, these novices deserve to lose the money they regularly lose on their misguided bets. They are not investors, they are gamblers.