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Thomas Renna
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Since graduating Rutgers University (B.A.) in 1990, Tom has worked in the financial industry in various capacities. visit www.equitiesresearch.com "in this day and age of digital speed and lightning trading, Equities Research continues to use a CALENDAR to measure investments and... More
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  • no mention if the proceeds will be used to hire lawyers to fend off the Dewey, Cheatum & Howe firms that are threatening lawsuits everyday?
    8 May 2012, 03:57 PM Reply Like
  • the company did disclose in their 10Q's that operational cash flow was negative, it shouldn't be a surprise the shares are down and that they needed cash.
    8 May 2012, 07:34 PM Reply Like
  • it was a joke in regards to the links that populate Google finance's news stream on this stock. anytime a company's pps drops, a bunch of lawyers start advertising with pr about how they are going to start an investigation, blah blah blah.

    anyway back to HUSA, how can a $15 stock drop down to $1.50 over the course of a year, and not be tempting as a bargain play? only if the light at the end of the tunnel is not a train.
    8 May 2012, 11:08 PM Reply Like
  • If an underlining business continues to record poor operational cash flow statistics (decline) then there is no reason to ever own those stocks.
    a battered stock becomes a bargain if they can turn their cash flow around (grow)
    10 May 2012, 12:24 PM Reply Like
  • and what is the crystal ball that will reveal if they can turn their cash flow around? that is the million dollar holy grail.

    after doing some more research in $HUSA, I found out their CEO John F. Terwilliger was previously the chairman of the board and president of both Moose Oil & Gas Company and Moose Operating Co, who declared backruptcy on April 9, 2002. http://onforb.es/M3qJGo

    So I don't know if you can say "this person has a bad track record", or if there was other circumstances surrounding the backruptcy of Moose, i.e. the 2001 terrorist attacks and resulting recession.

    HUSA has mentioned the oil fields they are involved in have capability / possibility of high production, but can you believe it? plus the uncertainty of drilling for oil / starting a new well...

    They did manage to raise addition capital approx 9 million, so there must be people who believe them...
    11 May 2012, 08:28 AM Reply Like
  • no crystal ball.
    just read the financial statements every quarter.
    .
    11 May 2012, 11:58 AM Reply Like
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