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cautiouslyoptimistic

05/24/07 12:17 AM

#11929 RE: duediligence2 #11928

So when did your group become "groups"?

Yeah, yeah... it's in-between the lines I'm sure :)

bullmaster

05/24/07 12:20 AM

#11930 RE: duediligence2 #11928

Hi all.
I have been following this board since the posts were in the 700s. That is were I bought my first lot of shares of HMGP and ever since have been adding to my portfolio when ever I have the extra cash. I’m in this stock because of the potential of it going and doing what few stocks have. We all know what’s in the ground and what a great management team we have.
I see time after time people stating we need a PR we need a PR. The Stock is tanking again or here we go again. Then negativity sets in, a PR comes out, it goes up a bit and then the cycle starts all over again.
IMO the stock price DOES NOT reflect what the actual value is. Why is that? Well in Pinky land there are only so many investors that invest or take the time to do DD on them and most won’t even touch them (too bad for them). So it comes down to supply and demand. I have a bunch of shares and like most of the longs may not have the dry powder to get more and when we do we buy what we can. We need new investors so IMO I think until Wilshire makes their move and starts the ball rolling were going to have some ups and downs based on PR and what the MM want to do. So I look at this in a different perspective. I don’t actually mind the stock at these price levels right now, or even a bit lower, which will allow me to continue to accumulate a few more until that time comes. And when the time comes IMO this stock will go and never and I mean never see these prices again. Remember what long means. Even though your portfolio balance may not be where you want it right now. You may want to turn off your level 2 and forget about it for 6 months and then look. I bet then you’ll be smiling. Go Hemi!!!!

The Bull

duediligence2

05/25/07 1:21 PM

#12002 RE: duediligence2 #11928

DD confirms proven-reserves Ks. valued much greater than market cap for NOW.Wilshire GROUP understands the industry standards for valuing reserves that are bought by investment & oil companies. Hemi management has demonstrated knowledeable proven excellence in both investments & oilfields. Therefore KNOW that several entities need management's knowledge & experience too. "MM" are shorting stock based on several parties indepth DD. GROUPS know fundamental values based on DD are far below book value for Kansas leases with BOE reserves alone. Do Not be fooled by the chart patterns. Fundamental DD values always trump t/a overtime for GROUPS of investors! Thanks for all DD team member that value DD2 accuracy too. Tia