(should be in this thread, sorry)
As we all know, there were many trades worth 10c--$1 per trade on the market yesterday.
The purpose is clear: (definitely not from retail SHs. It's from institutional buyers) to create worse market sentiment to lure more sellers. They just spent few bucks, but scared sellers have to take $0000s loss.
10c per trade is the lowest I noticed in 2013!
I suggest sellers to rethink your decision.
Use a calculator in your iphone, it's easy to work out HOG's fair asset value. I work in resource rights exchange industry. Selling a company/ seeking JV is my job. I am sure that if takeover happens now, the buyer have to pay $17m+ for all of HOG's Ukraine assets.
Use your trading experience, how can an energy company soar 5 bagger? new project, new discovery, no more than that.
This is clearly what HOG is doing atm: To acquire a mid-sized erengy company with near term production in Russia.
"new project & discovery" If HOG successfuly acquires the target which currently in discussion with bank's support, HOG got these 2 key points at same time. I am not surprised to see SP soaring 5-10 bagger within few days.
Chinese FENG SHUI:
Hotcopper is a good place for sharing different ideas. I know most of Chinese people trust "FENG SHUI" so I just wanna discuss HOG's "FENG SHUI" with some Chinese investors.
I never saw other people taking about stock's FENG SHUI, never see articles, but I do have some findings.
I have been trading shares for 6 years, I realize that a stock's code is important. "a good banalce, or positive meaning" always indicates huge upside potential. like MHM MNM SEA SIR FMG BUY FAR..plenty examples, all up 500-2000% in the past. in contrary, code finish with L always suffer a big loss. like KZL, DML, IRL, INL, NSL.......you can also name a lot.
Take MHM as example, M means strong, this code has very good balance---strong and good banalce indicates: UP!
FMG can be easily explained: Find Millions of Gold.
SIR in chinese" xian shen", either XIAN OR SHEN, it's very positive in Chinese. SIR is finally ASX top 1 in 2012.
When I first noticed SIR, it's in 5c range, I felt the code is very special, but at that time I was very busy with selling GUNNS group's assets with macquarie bank. I didnot spend time on SIR, then missed big opportunity.
As for HOG, actually HOG means pig. Pig cannot produce much gas, but we all know fat pig can produce lots of oil. As I said in my previous posts: Now the company is in right track. Either Myanmar or Russia, HOG is now focus on crude oil projects, not gas any more.
* Considerable scope for consolidation at the regional level for the small to medium sized oil companies
* Producing or near term production assets -
* Oil, as opposed to gas assets where product prices are better
So from FENG SHUI point of view, if HOG one day break $1 per share, I am still not surprised.
After 3 month's accumalation, now I nearly control 2% of HOG, if SP further drops, I have no choice but to become substantial SH.
My mouth is where my money is, all just my personal thinking.
GOOD LUCK HOG and existing SHs.
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