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.

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

To: Zeev Hed who wrote (3046)	6/29/1998 9:54:00 PM
From: Ed Ajootian	Read Replies (1) \| Respond to of 5504

Zeev, Checked out the SEC filings and can't find any floorless securities for HEC. Could you please specify which securities you are referring to and briefly summarize your understanding of their terms, in plain english? I do not believe many folks share your opinion on HEC being a good short right now. The short interest has been pretty high on this but everyone was figuring that most of that was the earlier convertible note holders shorting against the box. If anyone caught what HEC's short interest was at 6/15 I'd be interested to know. If the above theory is right most of the short interest should have gone away by 6/15 because the earlier convertible note offering got called on 6/11. The recent influx of negative comments on this thread and on Yahoo gives me a clue that maybe some poor suckers started shorting the hell out of HEC a month or so ago expecting it to continue to dive, along with oil prices, and are panicking now that it has stabilized.