Hallador Energy Co. (NASDAQ:HNRG)

CAPS Rating: 1 out of 5

Recs

2
Player Avatar creek138 (31.94) Submitted: 10/22/2009 11:28:05 PM : Underperform Start Price: $4.93 HNRG Score: -47.91

Shorting these thinly traded one SOB's (star over-the-counter bulletin board) are usually good CAPS points, but hard to make money in real life...and extremely risky! Make sure you have enough to cover a margin call if you do!

Report this Post 2 Replies
Member Avatar RUMBLINstrflame (< 20) Submitted: 1/27/2010 8:47:29 PM
Recs: 0

You would be a lot better off learning something about the company instead of red thumbing it based on what exchange it trades on.

Member Avatar creek138 (31.94) Submitted: 1/28/2010 2:56:58 PM
Recs: 0

You're right, it's not a horrible company. It's valued relativlely lower than it should be currently, but then so was BRNC back in the day. And what are they going to do after they consume current reserves? Energy market is still in flux because of politics and the economy. Unless this get acquired, I don't see it sustaining this level, but hey what do I know, if professional investors predict worse than a flip of a coin does, what does that say for the rest of us. And what's your current stance on your UNG pick?

Featured Broker Partners


Advertisement