Houston American Energy Corp. Message Board
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BANKRUPTCY - by June for sure
No way out... This is going well below $5 today.
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Thanks for this post. Wake up management and prove him wrong! Chapter 11 around the corner?
- 1 Reply to asp924
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Good call, thanks I hope they do something, something OTHER than a buzzword-filled speech from the CEO - also, as mentioned before, I am stuck long, well north of $6...
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This is all rumor, speculation and FUD
(fear, uncertainity, deception)
If you are long and you think bankruptcy for sure - you should be out by now !
The only unknown is the testing results of these wells.
Given the time it has taken - yes the chance is diminishing. At this point it is reduced to a 50-50 toss up.
I believe this company will do well in the long haul, even if these wells turn out to be no-pay. Yes there will be a 20-30% dip if the well is no-pay.- 1 Reply to rr_raj_rr
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If the well results show a non-commercial well, the HUSA will run out of cash before 2012 end to fund operations. Result: sell assets or do a MASSIVE secondary to raise cash.
Bottomline, bad well results = HUSA stock can go down to $2
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This is the most insanely idiotic post I have ever read. We are all dumber for having read it.
IGNORE- 1 Reply to slickwilly07
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I agree - thanks for the note - your post is indeed idiotic for pumping a dead stock.
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Disagree on that one. Look at all the insider stock ownership. Only drops fast if they sell fast and they are selling slow. They are not stupid. If they dump their shares, the price collapses and they get squat.
Nice and slow....let it bleed down. Exit quietly. Put out some more PRs. Get some good MMs to pump it a bit. Post some interesting stories about upper zone potential, etc...
Slowly.....quietly....shhhhhh!- 1 Reply to grgsvll
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outside of the small margin sale that was forced, they're not selling at all - try again
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Do it ....
want $4 today
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