.....and you're "the boy." You have no understanding of the markets...you have since day one, (except when you were scared and down) acted like a punk. You think today's price action has anything to do with the long term prospects of HK? These are market fluctuations based on emotion...nothing more.
I added at $6.48. I've invested in Floyd Wiilson.
Run along and play...
"We rate HALCON RESOURCES CORP (HK) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
■The revenue growth greatly exceeded the industry average of 3.2%. Since the same quarter one year prior, revenues rose by 44.1%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
■Net operating cash flow has significantly increased by 188.53% to $159.50 million when compared to the same quarter last year. In addition, HALCON RESOURCES CORP has also vastly surpassed the industry average cash flow growth rate of 17.51%.
■Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. Despite the fact that it has already risen in the past year, there is currently no conclusive evidence that warrants the purchase or sale of this stock.
■The debt-to-equity ratio is very high at 2.56 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with this, the company manages to maintain a quick ratio of 0.46, which clearly demonstrates the inability to cover short-term cash needs.
■Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, HALCON RESOURCES CORP's return on equity significantly trails that of both the industry average and the S&P 500.
"I've simply chosen not to follow and im trying to get others to break away as well?" Who cares? Why do you care? Go hang out on the defective shoe company message board.
For God's sake enough already....your drawers were moist from #$%$ & #$%$ when HK was at $3.50. We all know it...now you come back like some soothsayer. Really?
Everyone here knows the risk. We don't needs some busboy telling us...
Really? I am not evan. I post #$%$.eranger and jerrymathers, you insipid fool.
I didn't....the stock isn't trading very well, but nothing is today.....a strong ER should solve the problem...question is, how much lower will it go?
I may put a buy order in at about $6.10.
I believe in HK and Floyd Wilson. The truth is, I have too many shares for my own good. Lots of selling the last few weeks and the chart is ugly, if you're one who pays attention to these types of things. Stock is acting like a miss is imminent. I'm not buying market manipulation on this one today. Too much weakness right before earnings to go with "their trying to force out the weak hands."
Hope I'm wrong.