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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (1021)6/11/1998 7:55:00 PM
From: okey  Read Replies (1) | Respond to of 4634
 
Bill; I don't know if this one is big enough for a short run....but the fundamentals on HEGCO - Alberta Stock Exchange:HEG say that it has been overbought. Oil & Gas production of just over 200 BOE/d, fully diluted almost 40 million shares, months behind on news of a re-entry of a wonder well, and trading at $2.70cdn. The only reason its trading at this level is anticipation of this news. Results have to be huge to justify todays price. Your thoughts......?