All domestic sm cap oil has been killed by oil being down, questions about Floyd and management, crazy short action, dollar strength, debt and capex have crushed HK. When any one of these factors or combinations of them change, there will be a short squeeze like no other. You have to be crazy like a fox to own HK!
When faithful long investors start to question their investment and sell for losses that tells me the bottom is here or near!
sell out the future of US for increasing the stock market temporarily? Nuttins changed Honey, just a shell game with economic numbers. All this printing and padding numbers WILL catch up sooner than later. We are close to if you want to keep your gains from the last 6 years ya better cash em in!! We will all b standing in line at the food bank thanks to this president!!!!
If OPEC nations feel oil prices will slip much further, you will see them cut production Quotas in order to keep the price from dropping much more. We will see on Dec. 4th when they meet. My guess is they don't like the price action and they don't like Iran producing anymore either (mainly out of principal). The world needs 90 million boed, if they cut quota and supplies dip , prices will surely go up. Take into account that demand will pick up as world economies get better and other nations develop. The future for gas and oil is a bright one!!! This is just a blip in a bullish chart.
10.4mil total rev. 9.8mil from useless CANV stock (they value @25.5 and is actually 15 with no buyers or seller) and 545,000 in operating expenses. Can anyone do math. Set up for a good trade though if bought at .085 and sold on da pump today!!
Coming from an id that was created on 10/24/13 you are a newbie that bought high and now drinks da kool aid. I've been long like many for over a year but had enuff with managements lack of competence. Been in and out of PHOT and others to more than cover my small loss in mjna.
That doesn't sound much like a deal. It sounds like Obama just lifted sanctions on the trust that Iran wouldn't pursue any nukes, What he doesn't realize is the level of turmoil that will follow. Israel will take military action which will trigger much more ME unrest. Saudi Arabia will cut oil production to sustain higher price if Iran is allowed to dump more oil on da market. Oil prices will then climb. Irans oil money will then go back into their nuclear program which defeats the purpose of Obama's deal.
If you cant see that this stock is bad you are blind. From .50 down to .10 and dropping. I like the companies products but the management and business model sucks. You can have a good company and their stock can be bad but in this case you have neither. I was a believer for a year but management gives you no faith so I sold my 150,000 shares at about a 2500$ loss. I still follow this board to see if there are any developments in this industry but I have turned negative on all these pot stocks. Better money in other sectors. GL BK I hope you make a bundle!