Hughes was mentioned in a Motley Fool newsletter earlier in the week. It mentioned that the company seemed undervalued and that Forager held it in their portfolio. The email had a link to a page from Forager that mentioned that they have 17% of their portfolio in mining services stocks and believed that this years results were going to be crucial for Hughes. The fact that they have now increased their holdings gives me a little more confidence, especially as I doubled up on Wednesday.
Motley Fool also stated in their email that Hughes was a stock to keep an eye on as they 'love a bargain'.
HDX Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
