HKN Inc fka HKNI

[Tr8dervic]

Accumulation phase for next 3 months has begun. Q2 earnings will be 14mil+.

If we're lucky we'll get lower prices to load up at in the meantime. I bought 10k today at .68 to get started and will build that to 100k+ by 8/10/06. A breach of 200dma and drop to low .60's high .50's would be ideal during that time.

With 33% owned Global Energy selling off recently and low NG prices their is a good chance to get cheap shares imho.

http://finance.yahoo.com/q/bc?s=GED.L&t=3m&l=on&z=m&q=l&c=

GED trades in Pence. 1 pence = 1.85 pennies.

GED last of 219 pence = USD 4.05

HEC owns 11.9 million shares of GED = $48.2 million in value. (only carried on the books at .70 or 8.33 mil). So there is 40 mil potential value to unleash in the future.