Houston Natural Resources Corp (HNRC)

[d0lphint0m]

As long as the Accumulation continues I will maintain my positive technical stance despite the downtrend. In my 52 years on WallStreet I have seen only a handfull of stocks selling at 1/10th book value in conjunction with positive earnings. I have invested way more then I ordinarily would in one position. They earned 8 cents per share. That means that it is selling at a PE of 4. It is ridiculously cheap. Unless this is another Enron with cooked books this is an incredibly undervalued stock.
Yes, 200k moves the pps 20 cents.up or down. I see that as a plus. Low floaters are mana from heaven.