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


To: SDR-SI who wrote (3559)9/25/1998 7:14:00 PM
From: Rod Copeland  Read Replies (2) | Respond to of 5504
 
Well, this thread is getting way too quiet. I am looking for some good news within three weeks and oil has finally started its ascent from the bottom. Unless there are mitigating circumstances, the oil price recovery will take much longer than we would like, but at least it is recovering. I have said it before, and will say it again... Oil prices are the key to this and many other stocks recovery. We are out of vogue when oil is out of vogue. The end of next Spring will bring the real recovery of both the stock and oil prices.
A huge discovery will help out nicely in the interim, but the real deal happens when oil recovers.
Hope this finds all you HEC players, be it short or long, doing well and having a great weekend.
Keep Smilin'