TSX:HSE.PR.B - Post by User
Comment by
u8fishon May 08, 2006 9:23pm
281 Views
Post# 10812474
RE: Is 65 cheap
RE: Is 65 cheapThank you! My thoughts exaclty. I will reiterate again - either the market thinks the price of oil is going to tank or that HSE's production is going to decrease. I don't beleive either is the case. Therefore, a reason to buy more. The chart does not look good with crossing the 200dma so there may be some possibilty to pick some up even cheaper and RSI indicating severly undersold. This is how I discovered HSE a few years ago at $16. Underpriced compared to it's peers. Don't forget $2 divdends per year or approx 3%.