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


To: Rod Copeland who wrote (3317)7/31/1998 11:01:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 5504
 
Rod, a very ethical company, the leaders in Air Flight Gambling, I even breached my usual rule and talked to management, their symbol is IELSF. Yet, despite the great respect I have for the management, I believe their own floorless will cause them quite some trouble and they will see, IMHO, sub $1 stock value. I became negative when the stock was at $4 and sold, and have kept the same stance since (about two months now), they are now at about $1.25 to $1.5. One of these days, there will be a huge volume/price reversal there (similar to GATE in August last year), and that could give you a nice ride. I am waiting for similar developments in another floorless, TTRIF, but there, I cannot vouch for management, so beware.

Zeev



To: Rod Copeland who wrote (3317)7/31/1998 3:57:00 PM
From: Rod Copeland  Read Replies (1) | Respond to of 5504
 
There is "gnashing of teeth" on the Yahoo HEC thread.
I am hoping its not contagious.
The heat is on.



To: Rod Copeland who wrote (3317)7/31/1998 5:36:00 PM
From: oilstks  Respond to of 5504
 
Rod, I agree with you 100% !! Give me good honest management over numbers on paper any day . I think we have many novice O&G investors who try to apply the same analysis to O&G stocks that they apply to Techs etc . I will ride the HEC train all the way to the bank . Yes I too am thankful to be give a second chance to get aboard at these bargain prices . I bought my first shares at $2.50 (and some at 6 1/8)and I will be adding all the way down to that $2.50 level ,if given the chance. Thanks for all your great insight into the Oil Biznez ,we are fortunate to have real oilmen (such as yourself) on our board . I might add that what is happening to HEC is happening to all my other small O&G stocks . A rising tide lifts all boats and the falling tide drops even the most seaworthy boats . TOM