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


To: Arktic who wrote (3536)9/8/1998 10:03:00 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 5504
 
Paul,

Geez buddy, where were you when I needed you on Friday! I gave some serious thought to buying more HEC on Friday, but held off since as far as I know there was no news due for awhile (other than the Torcaz 5 well which is basically a non-event at this point).

Today's pop was on relatively low volume, so with a little bit of luck I may yet get one more chance to add to my position before the BIG DAY. I really don't feel like paying more than $3.125 though.

I've lost track of HEC's third rig. Does anyone know where it is? Hopefully its got a drill bit turning to the right, wherever it is.

We do not have a helluva lot of short interest out there, so we want to use their short-covering to increase the rally when it will do the most good. We get much better bang for our buck if they cover at, say $5!