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Houston American Energy Corp. Message Board

  • midasrahodeb midasrahodeb May 18, 2012 9:50 AM Flag

    Boylan's Back-to-Back Buys (LINK)

    Is that good? Uh, yes . . . : )

    http://www.nasdaq.com/symbol/husa/sec-filings

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    • positive news midas. a trip to two bucks isn't far away. i know, the dilution etc
      but i think 2.50 isn't out of the question. next question, will there be a reverse
      split? that seems probable as some institutions will not buy stocks under four bucks.

      • 2 Replies to tybkatz
      • Been buying down incrementally from 1.70 . . . The risk/reward was just too tantalizing at this level to pass up . . . Got quite a pile now; however, we break 1.90/2.00 with a vengeance and I'll be ready for more . . . Very likely there are bucks on the sideline watching for the same . . . Spent some time in the early a.m. reviewing the Colombia petrol stats/players . . . Indeed, from an industry perspective, its the new frontier . . .

        $2? $3? $5? $10? That's just it with HUSA or any of a number of companies acting as agents now in SA . . . It's difficult to say with any degree of certainty how high it could go . . . I know, too, that even a run up to $10+/- won't make it up to those holding HUSA from the teens; nevertheless, I'm excited about where the price could go . . .

        Waiting, quite patiently actually, for that mighty news catalyst that breaks through resistance . . .

 
HUSA
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