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

To: Razorbak who wrote (3604)	10/10/1998 10:27:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 5504

Razor, in post: Message 5569413 I came up with 80,000 shares per day (20% of the average trading). I'll have to look back when the window ends. From the action of the stock it does not seems that they have done much buying, here was one rally to $4.5 and then a rally from $3 to $3.5 and that while crude was going from around $12 to above $16. Right now I would say that a breach of $2 share is quite in the cards. If Ed wants to jump back, I would wait until then. I have earned my $2 hat in this one as well and now am donning my $1 hat (meaning the stock, according to the Turnips, will trade in the $1 to $2 before next spring). There was no major increase in volume when the stock hit its low of $2.5 earlier this weak which means to me that the bottom is still not here. Considering that the "fundamentals" (Islero and crude price) are quite strong, I would say something is fishy in the kingdom and Ed very wisely decided to take some chips off the table. Could it be that the floorless can somehow "manipulate" the share price to their advantage? No, that is unthinkable....(VBG). Zeev