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Houston American Energy Corp. Message Board

  • robert.worth robert.worth Apr 22, 2012 9:36 AM Flag

    Buy when others are Fearful...Classic Example

    This is a tough one I am at the sidelines but inclined to jump in at these prices...Watching a few more days...GL longs....

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Exactly.! This stock is in a fearful context but it has to end soon. It could be a good chance to enter into a long term investment. In addition, When you see shorters spreading lies about a company with 0 debt and with cash on hands not having money to drill the next well. That's an entry point to me. That means a reversal is coming. The more panic and lies I see the more I want to invest.
      I was with CPE after they closed the Entrada project and I remember the company losing 66% of its value just a matter of days. After all the shorting and the stock being at around 1 dollar, it started bouncing back to 8. for the past year it has being trading in the range of $3-$8. This things happens in the Oil industry, not suprised with HUSA.

 
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0.240.00(+0.84%)Aug 29 4:00 PMEDT

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