HKN Inc fka HKNI

[hettygreen]

Buy Alert - GV, HEC, IIP, MZT
The weak market recently has drove many stocks and major indices down tremendously. However a down market not only shakes out the weak hands but also creates buying opportunities for the bargain hunters. Here we have found the following penny stocks that should be started to go higher after recent pull-backs:


· Harken Energy Corp. (HEC): it is really hard not to look at this penny stock since the Southlake, Texas based company is in one of the hottest sector today - oil drilling. This Gulf Coast oil driller has definitely been helped by the skyrocketting oil price as for the past 52 weeks it has gained as much as 110% from 46 cents per share last June to 98 cents per share this April. The sell off in May cut the stock back to 200 day moving average at 69 cents per share but is sparking new buying opportunity as K line is rising on top of D line. If the stock can keep holding above 200 day moving average which it has been doing for more than half month, we should see new rally coming very soon.

http://pennystockpick.blogspot.com/2006/06/buy-alert-gv-hec-iip-mzt.html