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: Don Crespino who wrote (3890)	12/18/1998 2:44:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 5504

I am surprised as well, it is now a week in the repricing period, and the "Dark Forces" have not managed to break the $2.06 level on HEC. If it holds for another week or so, I think I will jump back in, since technically, we are getting very strong indications that the "Light Forces" can hold the maginot line. The dark forces can then go on and "instigate" a rally (or allow a rally to develop based on hopefully, positive future results). By the way, that does not change my general outlook that the stock is still problematic due to the long term time bomb of the $85 MM floorless due in about 2 years or so. But right now there might be an opportunity developing for a rally in mid January and if the current bottom holds, we could see a double from here. Zeev