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Halcon Resources (HK): Q1 EPS of $0.05 misses by $0.01. Revenue of $190.6M misses by $6.35M. (PR)

Halcon Resources (HK): Q1 EPS of $0.05 misses by $0.01. Revenue of $190.6M misses by $6.35M. (PR)
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Comments (1)
  • sailthesound
    , contributor
    Comments (212) | Send Message
    The 1 cent miss, especially given the positive report overall, doesn't explain the selloff with nearly 20 million shares traded instead of the routine 4-5 million.


    There is, however, a fairly intense campaign of "Short and distort," including by frequent anonymous posters on SA who are also misleading on their positions, perhaps part of a larger program of short sellers.


    The SEC should probably look into those people and perhaps SA for failing to adhere to its own guidelines. But it was okay with me as a long, i.e. gave me a chance to add more shares to the pile and work with options.


    In the long run, what the company does is what matters, not the BS of the internet rumor mongers.
    2 May 2013, 10:11 PM Reply Like
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