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Harvest Natural Resources Inc. Message Board

  • mechicksexer mechicksexer Mar 20, 2013 1:21 PM Flag

    possible

     

    If this thing were to go down to 3ish or less it would be similar to an option with no expiration date. A foreign entity looked upon favorably by VZ could buy it cheap and end up with a huge windfall. Actually this could happen at any time.

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    • You have it wrong if I may...HNR is going out of business slowly and when HNR will file chapter 11 then they will get the Company for few cents on a dollar as usual. They will even loan some cash to slow the bankruptcy process and make sure they will have first choice when the kill will happen....

      The gazelle is still running but the pack of lions is closing for the kill...give it few months and you will see. Every time that HNR will release a new equity financing the pps will go down by step 3 2.50 2 1.50...Creditor will make sure that the baby will be able to breath enough and not die right away. And slowly the obvious will smash the screen.
      I have seen that playing few times already and believe me there is no escape or perhaps only in the dream of some longs who will never admit defeat.
      Again be careful and trade the stock in and out at key point or time but stay in cash.

      It is like the story of Chavez when he said that he had cancer and will survive....

      Good luck,

    • Regardless of debt market cap is $137 mil and they can't get a buyer for all their assets?? We know at one point the Venezuelan assets almost got $700+ mil... we can't get a buyer for all the assets for $400 mil, $300 mil???????

 
HNR
4.65+0.13(+2.88%)Apr 17 4:02 PMEDT

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