Thursday, June 5, 2008

Heaven's Kitchen ~ Petrohawk Energy Corporation (Public, NYSE:HK)


... serving up FAT GAINS! 

Two Letters = HK

$34.82
+3.55 (11.35%)


Petrohawk up 34% in 5 days!!!!!

NATGAS risotto?   


p.s.   SQM is SQMazing!  up 12.48% today  (NEW HIGH $44.91) .... we don't want to sell SQM yet, .... solution =  BUY  "puts" on BUNGE (BG) tomorrow AM at $122+ 




p.s.s.  SNCR up 4.26% today!  ... Dennis "2.3 million" Phelps, the insider buyer who gave us the confidence to go LONG SNCR!   thanks for the lead ... next catalyst: Apple's WWDC event MONDAY 9th ... 3G!  

13 comments:

BUY ON THE DIP said...

HK is by far our largest position, and growing daily.

almost too much. about time to reallocate funds.

our JULY 30 calls went from under $1 to $6 !!!

THE POWER OF LEVERAGE with OPTIONS!

go team.

p.s. BOTD (HK) TARGET still $39
... FLOYD is the man!

Jim Collins said...

FLOYD is the MAN! This is where you make money. Dont get skittish. Ride it to $50, 100, 125.

BUY ON THE DIP said...

jimmy C, my man..

you know HK is our baby, we wont sell until Floyd sells.

BUY ON THE DIP said...

hold the stock LONG! , trade the options.

go team!

Anonymous said...

Lol. Hell's Kitchen is so great. I want Bobby or the black girl to win. I'm so glad that Matt left though. He was one crazy fat slob.

TraderTom said...

Have a look at CEG

BUY ON THE DIP said...

CEG is cool... 10% upside seems easy.2% div..

you see ENG today, still holding that $10 to $12er.

TraderTom said...

Yeah, I'm in SNCR, & XTO right now. I might buy some GLD tomorrow morning. And I'm deff buying HK on the next dip.

BUY ON THE DIP said...

try KGC instead, more short term upside.

but if you just want the "gold" trade try DGP,
DoubleGoldPlay ..

tradertom said...

KGC looks really good.

BUY ON THE DIP said...

it typically outperforms most gold stocks when gold is going higher.

good luck.

BUY ON THE DIP said...

check out KGC on www.finviz.com ,

interesting...hmmm..

BUY ON THE DIP said...

CRAMER pumps HK. his target $48 ....hmmm

Petrohawk Energy [HK 35.45 0.82 (+2.37%) ], mainly a nat-gas driller, is a leader among these wildcatters. The company’s one of the lowest-cost producers in the group, Cramer said, behind only Southwestern Energy [SWN 48.69 2.71 (+5.89%) ] and Ultra Petroleum [UPL 96.62 -1.93 (-1.96%) ], and could be sitting on trillions and trillions of cubic feet of natural gas in Louisiana and Arkansas.

Recent discoveries by other companies in Louisiana’s Haynesville shale sent those stocks higher, boding well for Petrohawk. And production in Arkansas’ Fayetteville shale should be much higher for the company this year than in 2007. The potential for such good business has Cramer thinking HK could climb as high as $48 from its present level of $35.

You’ve heard Cramer say this before: 2008 is the year of natural gas. So his favorites in the sector – Devon [DVN 119.25 3.28 (+2.83%) ], Southwestern, XTO Energy [XTO 67.72 1.92 (+2.92%) ], Apache [APA 141.99 8.09 (+6.04%) ], Anadarko [APC 79.5 2.87 (+3.75%) ], Chesapeake [CHK 60.08 2.03 (+3.5%) ] and Ultra Petroleum – are all still on his buy list