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Halcón Resources Corporatio Message Board

  • voxelente voxelente Oct 9, 2013 11:33 PM Flag

    What's with the short interest

    My guess is that Halcón stock became overpriced because of excitement over Petrohawk hero Floyd Wilson taking over as CEO. Shorts saw that Halcón stock got ahead of itself and so they piled in to go short. Halcón has a lot of debt, but with 40,000 boe/d its looks like a bankruptcy is unlikely.

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    • HK is worth somewhere between $12 to $15 in PPS ... HK shorts got blindsided and are going to pay dearly ...

      They were all drooling about covering their short position on Petro-Hunt stake of over 100 million shares but it looks like they are totally wrong ... too bad Petro-Hunt isn't selling their stake now ...

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