The World's Greatest Investing Community
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
Closed and re-opened to more accurately reflect my actual start price for a longer term hold.
I am actually in at $5.32, but could add more if the market does an overall significant dip.
Hope some took advantage of the short term dip down to about the $5.00 level.
This company has great potential going forward.
JMO and worth exactly what I am charging for it.
Will likely add some more if it stays at this level or goes even lower.
Bought a little more. Now in at $5.27.
Bought a little more, so now in at $5.25.
Teacherman - Are you still bullish on AXAS at these levels? Trying to decide between AXAS, KOG, or SSN.
Absolutely.
They have an extremely high insider and institutional holder percentage, but there is either a hedge fund, or a group of traders who like to short it, so it can swing up and down; but for the longer run, I expect it will be at least in in the $10 to $12 range, and could easily go higher.
If you are not in yet, you might get it a little lower on a negative market and active shorting day, but I would be very surprised if it goes south of $3.50 again.
They will be reporting their year end results in about 3 weeks, and should show good positive results, but I think the Q2 results will be the catalyst to make it "pop".
I haven't looked at KOG for awhile, but there was something about them I didn't like.
As for SSN, their main claim to fame was the sale of acreage about 6 months to a year ago, which netted them around $70M. I don't know that they have a done a lot on their own since.
I need to go back and look at both of them again.
As for now, the only O & G companies I own are AXAS and SD.
Don't know if you are looking for a longer term hold, or a shorter term spike, but hope this helps.
JMO and worth exactly what I am charging for it.
After a "quick" look, I am going to keep a much closer eye on KOG.
They are looking good, but have had quite a run up, so they might be due for a pull back on negative overall market news.
I would be more comfortable getting in at about the $8.50 level, but it could well be that they won't get back down to that.
SSN has had mixed results. Their most recent wells look promising, but they have had some problems with others.
This is/was an Australian company with acerage in the U.S.. They haven't had a lot of history drilling here yet, so I personally, would probably not buy them at this time. Of course, at their current price, you could take a small position without a lot of risk and watch to see how their current wells do.
The thing I like about AXAS, over KOG and SSN, is the variety of acerage they have, which is held by production, as well as the experience level of their management. They are also selling for just a slight premium over their "proved" reserves, and they have good hedges in place for their gas production.
Good luck on what ever you choose to do.
After a "quick" look, I am going to keep a much closer eye on KOG.
They are looking good, but have had quite a run up, so they might be due for a pull back on negative overall market news.
I would be more comfortable getting in at about the $8.50 level, but it could well be that they won't get back down to that.
SSN has had mixed results. Their most recent wells look promising, but they have had some problems with others.
This is/was an Australian company with acerage in the U.S.. They haven't had a lot of history drilling here yet, so I personally, would probably not buy them at this time. Of course, at their current price, you could take a small position without a lot of risk and watch to see how their current wells do.
The thing I like about AXAS, over KOG and SSN, is the variety of acerage they have, which is held by production, as well as the experience level of their management. They are also selling for just a slight premium over their "proved" reserves, and they have good hedges in place for their gas production.
Good luck on what ever you choose to do.
CAPS seems to have the "stammers" this morning.
Didn't mean to post this twice.
Thanks for the in-depth response. Looks like I missed a 12% pop in SSN but I think I'm with you on that one. AXAS looks more promising to me, will probably initiate a position soon. Will think about adding SD, KOG, or GPOR also.
Insider Stock Sales Reported on February 21, 2012
HEK Heckmann Corp Heckmann Richard J (Chairman & CEO) 75,000 5.10 382,800
Just a heads up; I'm really shocked he'd be selling any stock.
http://www.insider-monitor.com/
Hi Tagit.
I am on an email alert system with them, so I get notice of the SEC filings daily, so I was aware of that, but thanks for the heads up.
I am not concerned about his sales because they are indirect holdings which are on an automatic sale program.
He has sold about 250K shares since last year, but still holds over 12M shares.
There can be all kinds of reasons for selling, not the least of which involve taxes.
I don't think it has anything at all to do with the company or concerns on his part about the future of the company.
Hope all is positive on the home front, and as always, you and your wife remain in my prayers.
Tagit
It might also be what he lives on. He takes a $0.00 salary.
You can see his salary listed on the Yahoo page for HEK by clicking on profile.