HKN

[saffeysite1]

I have posted this oil company before.  It's making a move today.  Has been [email protected] for a couple of weeks now.  
Volume is triple the norm today.  They own drilling properties in S.America

[email protected].  Looks to clear this today.  

[doyerdiligence]

hahaha
good ol bush dumped on this company
then good ol calandra

[saffeysite1]

Somethings happening today.  No news posted, but I have a feeling they may have signed some contracts with Peru.  AN oil leak- looks like to me

[setravis]

News Link: HARKEN ENERGY CORP Files SEC form 10-Q, Quarterly Report


http://biz.yahoo.com/e/050809/hec10-q.html

[johnathanchill]

I searched and did not find a thread for this company. Check out the chart and Financials which were released August 9th. Volume has increased over the past 3 sessions.

Nice looking chart! What does everyone else think?

DALLAS, TX, Aug 09, 2005 (MARKET WIRE via COMTEX) -- Harken Energy Corporation (HEC) reports quarterly financial results and is pleased to announce Net Income of $15.7 Million for the period ended June 30, 2005. As summarized below, total revenues in the second quarter of 2005 increased to $11.6 million, an increase of 44% over the second quarter of 2004, due to increased international production and higher oil and gas prices. Non-GAAP Operating Margin increased to $5.8 million in the second quarter of 2005, representing 54% growth over the same period in the prior year, and a 135% improvement as compared to the first quarter 2005.

http://www.marketwatch.com/tools/quotes/newsarticle.asp?dist=&param=archive&siteid=mktw&guid=%7B853941E8%2D77FF%2D4882%2D84EB%2D927982D63086%7D

[Adam]

I have been watching this quite closely today, watching the time and sales, and all the big money has been hitting the ask, including a 100,000 block just going through. I think this is accumulation before a pop, so I'm entering 1/2 position here.

[hutchintouch]

penny bob always said hec runs in aug good luck

[setravis]

Adam,
You could have posted this to the Stock Picking Board.
It is not an OTCBB or Pink Sheet. Traded on the Amex
That chart looks like to me,IMHO, a head and shoulders bottom.
Good luck with the trade.Make some money brother!


Harken Energy Reports Net Income of $15.7 Million, 44% Increase in Revenue and 54% Increase in Operating Margin for the Second Quarter of 2005
Market Wire (Tue, Aug 9) 

[ScottishTrader]

just caught a heads up oon this one too - has been rising on good volume (though volume starting to trail off a bit), has seen a steady low volume increase since May.  Is now at 0.63, which is very close to testing long term highs.  Not sure about the fundamentals as I have just checked this out, but if anyone else out there has any ideas, would be very interested. 

Could we see it break .68 next week?  If so, it could really rip....

[johnathanchill]

HEC   Last: 0.62  Change: +0.04  +6.90%  Volume: 5,784,900   3:59pm 
8/26/2005   After Hours: 0.63  +0.01  1.61%   8,200   7:08pm
   
Open: 0.57   Yield: n/a   Shares Out: 219.24M   
   
High: 0.64  P/E Ratio: n/a  Market Cap: 135.93M 
   
Low: 0.57  EPS: -0.01 
52wk High: 10/11/2004 0.68   52wk Low: 5/10/2005 0.37 

Avg Volume: 1.03M
Today's volume way over 5 Million Shares!

Here is the Chart. Looks Good. Looking Forward to Monday!

[johnathanchill]

Here is monday's chart for HEC.

Great Volume up again. It may go up tomorrow but i think we may see some consolidation in the next few days.

Any one else have any thoughts?

[johnathanchill]

HEC   Last: 0.81  Change: +0.07  +9.46%  Volume: 4,839,200   12:24pm
9/6/2005 

Company also bought back 2 Million Shares of Common Stock today.

DALLAS, TX, Sep 06, 2005 (MARKET WIRE via COMTEX) -- Harken Energy Corporation (HEC) announced it has completed the buyback of two million shares of its common stock. These shares were repurchased as part of the stock repurchase plan previously announced in June of 2005.

Harken Energy Corporation is engaged in oil and gas exploration, development and production operations both domestically and internationally through its various subsidiaries. Additional information may be found at the Harken Energy Web site, www.harkenenergy.com, or by calling Bevo Beaven or Bill Conboy at CTA Public Relations at (303) 665-4200.

Certain statements in this announcement including statements such as "believes," "anticipates," "expects" and all similar statements regarding future expectations, objectives, intentions and plans for oil and gas exploration, development and production may be regarded as "forward-looking statements" within the meaning of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. Management's current view and plans, however, are subject to numerous known and unknown risks, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Harken to be materially different from any results, performance, timing or achievements expressed or implied by such forward-looking statements. The various uncertainties, variables, and other risks include those discussed in detail in the Company's SEC filings, including the Annual Report on Form 10-K/A, as amended, for the year ended December 31, 2004 and its Quarterly Report on Form 10-Q for the period ended June 30, 2005. Harken undertakes no duty to update or revise any forward-looking statements. Actual results may vary materially.

Contact:
Bevo Beaven, Vice President
Bill Conboy, Vice President
CTA Public Relations
303-665-4200


SOURCE: Harken Energy Corp.


Copyright 2005 Market Wire, All rights reserved.

Here is the Chart from Today.

I have been watching this stock since it was at .56

Does anyone have any T/A on the short term of this stock

[johnathanchill]

Can someone enlighten me on why nobody has provided any T/A. I put this on the Stock Picking Board for a reason. Is it because I am not an Honors Member? or the stock just has not great T/A for feedback.

It has gone up from .57c a share to .81c closing today since i posted August 15th. The volume has been over at least 2 million shares per day of trading since i started this thread.

I posted this based on it's Financials and volume.

Is there another thread out there?

Please let me know what i am doing wrong. I guess there is no need to be an honors member if i can not get any feedback on my picks i thought i had put it on the Stock Picking Board for a reason. I do understand that there are lots of boards and you can not read them all. But come on it has been read over 160 times?

I have lost money by just going with the flow of the members on this site.

(My own fault got in at the wrong stage and held to long- But I am learning)

It would be nice to know why you would have not picked this stock since it has went up nearly 50%? And has continual strong volume. I want to learn and not just pick what everyone is picking. 

Please advise... 

[rickjust]

hi ,
i watched this one today also . the company just bought back 2million shares so that's a good siign and maybe why there is so much buying pressure but if the company buys back it's shares then it looks good for the future.
nice pick!
maxi

[shawFund]

Hi, John:

   Good work.

   I just checked your posts.

   I almost reached $1.00 yesterday. About 100% gain after it breaks out the $0.48 flat base.