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

To: Don Crespino who wrote (3895)12/21/1998 10:33:00 AM
From: Zeev Hed  Respond to of 5504
 
Don, it seems that the bandits are winning the game of repricing, we will go under $2, IMHO, the question is how low will they be able to bring it down. Does anyone remember if the repricing is at the low bid of the 22 trading days or the average of such a low closing bid?

Zeev



To: Don Crespino who wrote (3895)12/21/1998 10:53:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 5504
 
Here she goes, 1-15/16, I do not want to say ITYS, but those bandits had the incentive to bring the price down, and the price surely did come under $2, as I have been saying for more than six months now.

I have no experience with "long term" time bombs (the European $85 millions floorless due in few years), but the game will probably be the same. I think we should read carefully the S-3 to find out what is going to happen there.

Zeev


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