Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I deeply hope you are right.
In my experience, no CEO is let go without cause. They certainly could have let him resign, they chose to remove...providing an image of “we took care of the problem” when issues invariably arise.
Again, I hope you are right and I am wrong.
And a nice freaking Christmas present. Really frustrating, knew this thing smelled and convinced myself otherwise. Crooks should be locked up, not fired with full pockets
Company owes an update after a 15% drop and ceo firing
Something stinks here
Unreal. People can be complete dirt bags.
Have you ever had a losing trade?
Turns after Fed meeting. No matter the decision, I'm convinced we will see trend positive after the meeting.
Did u buy yet?
You keep waiting to buy the dip to $5 and I'll keep holding while this gives back all its gains this morning.
You just crush it!! Appreciate your posts. You present honest, chart/fact based hypothesis...we need more of that on this site and in the world ??.
Cheers to you!
Wow! I sold some March options today. Always nice to take profits, but could have sold higher.
I'll be ready for any dip.
Isn't every chart and indicator a measure of what already happened?
I would expect news tomorrow, based on trading.
That's me selling. I know nothing, just taking some cash while I can. Glta
I mean...not worth selling:)
Not worth seller ng??
My crap ton of $21 calls should look pretty good tomorrow.
Glta...we will need it.
Your spin knows no bounds. History is the best predictor of the future, the company has taken until the last minute (plus extensions) to secure their interests. Go ahead and blame partners, but HENC gave away operatorship (something they didn't do in previous partnerships).
Here are my top three spins of yours in no particular order...
1) What a gift is was that we didn't his oil with the first well, we would have incurred higher costs
2) This is just end of year tax selling, we'll trade between .10-.15 in Jan/Feb
3) What a gift it was for Terra to terminate the WI agreement...we now get to drill one well and watch the share price plummet with no way out
I'm still debating if you most recent post makes my top 3. If that 400k was a "smart buyer" it still shows there are more dumb ones cuz it didn't budge.
exactly...know what you have so you can make decisions. instead, they just bleed out admin costs and fight with partners. what a joke.
wouldn't surprise me to see them sell the whole show to nico for pennies on the dollar. it's their only way out and if they aren't willing to drill, why not?
What a joke the update is...if anything it indicates they won't budge until oil recovers.
How will they be more involved in operations? How about an update on the disputed shares?
tchauncy -- with such confidence, why aren't you buying?
"There is no question in my mind that sometime in Jan or Feb, HENC will be trading between a dime and $.15 even assuming we hear nothing from the Company. This, once the tax-loss selling abates."
They just got anther $250k loan with decent terms, expect parent co will do what's needed.
tchauncy -- you still stand behind this statement?
"There is no question in my mind that sometime in Jan or Feb, HENC will be trading between a dime and $.15 even assuming we hear nothing from the Company. This, once the tax-loss selling abates."
Well, no more tax loss selling...not holding my breath on the move to a dime.
They have a LOAN and the security interest is collateral. What are you taking about? Southern hydro has as much "control" over the PEL operations as the bank does over me mowing my lawn.
I think many if your posts contain truths that some dont want to hear, this contains misinformation that no one needs to hear.
well, i don't expect to be able to sell tomorrow...so i stacked some buys. the underlying structure is the same and i can only hope mgmt. gets their acts together and decides TGC is capable of drilling a couple more wells in the next few months.
it is absurd they do not have a plan now. if this was a 3-well program and we had just missed the first...we might hold the current level. as it is, who knows.
good luck to all
beyond the dry hole this is the major issue...these jokers can't get along and a mult-well program was bagged.
henc only committed to the "obligation well".
now they sell out to carlo
hey smooth -- hate to share the news, but check the wire...dry hole.
absurd that the best they can come up with is that they'll have some discussions in the coming weeks...what a joke.
Lets just hope HENC has enough or can quickly get funds for the next drill.
lots of opportunity to turn that positive attitude into cheap shares.
Maybe HENC should do the same. Get their acts together and keep investors informed.
thanks for the post.
agree with the last paragraph. unfortunate that these two companies could not get their crap together for a multi-well program. for longs, it sure would be nice to have some sense of the next steps should this drill be positive or negative.
i thought it was "early December"...so by the 13th:)
i'm hopeful that Senex is driving dates at this point and not much HENC or TGC can do to screw it up
either you have a terrible sense of humor or no idea how to use the internet...either way, no business posting on this board..
.2 inches of rain in Nov. No idea what you are talking about.
http://www.bom.gov.au/jsp/ncc/cdio/weatherData/av?p_nccObsCode=136&p_display_type=dailyDataFile&p_startYear=&p_c=&p_stn_num=017123
rain will not be a factor for this planned drill
Let it run
I know it's tempting to take a little off the table here, but would encourage everyone to let this run a bit. Today's news should bring some new short term buyers. They will chase if we make them.
I know the few sells today are likely MMs and not from this board, but figure I would throw my thoughts out there.
completely understand...I've been telling myself for years i'm done buying:)
Looks like my little bite this morning helped a bit.
i took a little stab at the .25, suggest others do the same and it might go up on air. i don't believe the ask is real