Cramer isn't "news"..that falls into the hype category..an opine from a talking head. The news provided by "butler" on Freeport LNG terminal getting permit to export 1.4 billion cubic feet per day....that's factual news. Did you notice natgas prices spike back up late in the market? That LNG terminal puts another straw sucking on supplies.....at 1.4 bcf per day...x7 = 9.8 bcf per week that won't be going to storage injection. Those are the drivers and metrics that get drilling rigs out of moth balls and benefit all stocks relative to the impact...like NES...imagine this...there's 21 permits waiting approval this is only the SECOND one approved. But Freeport already exists versus Chenerie will be completed in 2015. LSP
he's toying with you .. remember the day after earnings ??? somebody asked him about HEK and he quickly
sidestepped with a comment about it being a spec stock ....
i love Jimmy C , he always plays out enough rope for anyone to hang from .. i do believe that he was a bit
disappointed , but hasn't given up on HEK ...
HEK is certainly in a great business and not run by a bunch of kids from a garage , but as with the past
100 years or so of the liquid energy business ... volatile
keep doing your own DD