Monday, June 9, 2008

TRUST FLOYD , not JIM! ~ Petrohawk Energy Corporation (Public, NYSE:HK)


PETROHAWK (HK) gets the JIMBO PUMP! 

EXTENDED HOURS:
Last:  37.06
Change:  +1.61 (+4.54%)

Cramer gives HK the BULL HORNS:

 "Petrohawk is a $48 stock masquerading as a $35 stock!  .. HK is one of the lowest-cost producers." 

Hey Jim ... Have you met FLOYD and his map? 

SHALES!
SHALES!
SHALES! 

Fayetteville, Haynesville, Woodford, & MORE!  

 FLOYD says
  "I bought shales on the dip.  Now they are worth a whole lot more.   You want em? pay up suckers!" 


21 comments:

tradertom said...

I keep missing out on HK. LOL

But I'm in XTO and loving it.

BUY ON THE DIP said...

the "team" bus is leaving , get on.

Steve knows the way ...

For those that want to be a player in a hot shale, Petrohawk executive vice president Steve Herod points out that being second on every lease is as good as being last. “You have to be willing to pay the rate to play the game if you’re going to be successful,” he said at A&D Watch’s recent “A&D–The Workshop: Unconventional Gas.”

He should know: Petrohawk currently holds some 90,000 undeveloped acres in the Cotton Valley/Haynesville shale play and 155,000 in the Fayetteville shale.

Speed, too, is critical in acquiring a quality position. “You can’t wait if you want to be in one of these plays. Once you make the commitment you’ve got to be willing to move quickly.”

Being first in the play, however, isn’t necessary to establish a good position, he says, but it pays to have experience in knowing the good spots from the dead zones. “Not all acreage is the same.” A 500-acre block in a prime area is worth “way more than a scattered 500 acres” over 20 sections, he said. Is the land close to the pipeline? “It doesn’t do any good to have all that acreage if you can’t get the gas out.”

Anonymous said...

Thanks for the insight. I trust team botd all the way. Guess i should board the bus now

Anonymous said...

trying to become a regular reader... finding it all a bit hard to keep tabs on. Ever consider adding a portfolio/recs page with all your calls listed out by price and date rec'd, etc.?

jbreedlove said...

Hey, what do you think about HD? I went to insidercow.com and one of their directors bought a ton of shares at around the current price last week and the week before.

Anonymous said...

Hey BOTD what do you think of SOL.
The stock went up around 40% in a month and is now down 35% on not that big a bad news.
Long term looks solid on this one.

KP said...

SNCR down big time. This sucks. Even though customers now have to activate the phone and sign 2 year contract in store this stock is down.

Anonymous said...

You think XTO will break through it's double top?

Rishabh Bhandari said...
This comment has been removed by the author.
Anonymous said...

whats the deal with SNCR... why down so much... thanks for the golden rule "must take profits in 2008" .. i sold my positions for a free ride in SNCR ..

R.

botd said...

HK down 7%+

We just bought HKGG on the dip!

Anonymous said...

I got HKGG @ 2.35.

Thanks Cramer for the buying opportunity.

Anonymous said...

is botd poster same as buy_on_the_dip username poster?

R.

Anonymous said...

SNCR SEC filing stated "will not participate in the on-site, retail store activations associated with the 3G Phone"

So i'm assuming the stock tanked cuz they just lost all their revenue

tradertom said...

XTO is on the hunt:http://www.fool.com/investing/value/2008/06/10/xto-on-the-hunt.aspx

I'm glad I'm already in XTO. I'll probably be getting more call options tomorrow.

jbreedlove said...

HOO tanked big today :(

BUY ON THE DIP said...

yep, all the "water" stocks took a crap today.

HOO down big , almost to the 52 week low...earnings come out the 16th, we think.

still long, we will buy more if we break the lows.

so far , so bad. sorry.

jbreedlove said...
This comment has been removed by the author.
jbreedlove said...

HOO said today that they'll release earnings at close on June 17. I think I'll jump in on CPST with what I had in HOO and maybe I'll come back to it before they report.

Anonymous said...

Ok.. Just remember these are small spec plays ... Dont bet the farm ..

BUY ON THE DIP said...

p.s. wow! that DAVID B is buying a shit load of HD at $26ish.

hmmmm... interesting.