GREY:HPXRF - Post by User
Post by
Analysethis2on Jun 26, 2012 1:59am
465 Views
Post# 20053884
It has been quite a drop!
It has been quite a drop! When the stock is going up, there is a lot of discussion about how low the price is, and how much higher the stock price is going to rise. I guess people are in shock with the price having dropped so much.
Is this company at risk of being insolvent? If this is just a summer drop, then I don't know why people are not buying on a 50% discount. This happenned last year and then it completely rebounded. Or is it different this time?
Where is the price of oil going? Is it going to continue dropping?
Natural Gas prices have increased over 30% from its lows. Won't this have a positive impact on the bottom line of HYX?
Investing in the junior oil industry is interesting. The price of the big oil companies has also been impacted though not on the same scale.
GLTA