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Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?


To: Gabriela Neri who wrote (2414)1/24/1998 4:05:00 PM
From: Don Crespino  Read Replies (1) | Respond to of 5504
 
Gabriela buying on dips is great unless youve already bought on margin. No consistency in the price of this stock makes it a hard play at times. If your a long term investor your profit margin on early buys at prices below $4.00 can be eaten up rather quickly on
with margin buys and a drop in the price as weve seen in the last 2-weeks. Not everyone has the luxury of pouring money into a stock each time it falls nor can one predict when its reached its bottom. weve gone from talking this stock to 97 year-end price of $11.00, if all went well, as it did in general. To a questionable or chancey play at the moment. considering no one knows where the price of oil will be in a week. And lets dont forget we are not pumping oil were looking for it. Go to your banker and tell him you want to borrow a million bucks because what your doing looks favorable and see what he says.

Regards
DJC