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Halcon Resources Corp. Message Board

  • elvispoc3 elvispoc3 Mar 4, 2013 9:45 PM Flag

    OMG...this stock BLOWS

    I am a dumazzz...bought the technical breakout at $8.15. #$%$?

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    • Fundamentals (aka VALUE always ring true in the end, as your now seeing) If you have the guts to stick it out another 2-3 years and you are willing to allocate more money to this stock in your portfolio, all the while diversifying yourself throughout your portfolio and not going all in with this stock in comparison to others, then I don't think you should panic. Try to dollar cost avg down to 7.5 at a high and obviously 6.5 or less is a good if not great position to be in long term. By then (2-3years) Floyd will/should have increased the fundamentals such as eps pe rev etc. which as i said, Value always wins in the end, it should then send this stock up.

 
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