Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : Hvide Marine HMAR - High Growth, Undervalued -- Ignore unavailable to you. Want to Upgrade?

To: Stephen M. DeMoss who wrote (403)	6/14/1998 11:46:00 PM
From: Grommit	Read Replies (1) \| Respond to of 547

Thanks for the recognition. I used to think that stock price depended on fundamentals with a little shading for psychology, uncertainty and institutional following. Maybe it still does. I think there is so much uncertainty and negative oil sector psychology that the fundamentals of HMAR (and the subsector) are not valued properly. That's the best case. The worse case is (quite obviously) the possibility that the present price is fair. I have to believe that the uncertainty of the fundamentals is driving it. Oil prices, boat supply, rig stacking etc. And it is clearly a subsector issue (all the boat companies) -- not just HMAR. I wonder if more than GOM is at risk. I think the HMAR stock price assume worldwide problems. If in doubt, I always do half. Maybe buy some now and then a bit more later when things become more settled. You will be half right. I view this as a unique opportunity at these price levels.