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Art's Leaders

Art's Leaders > As always, do you DD prior to purchasing anything posted on this forum. I post what I find to be good money makers. Make sure you also do your own research. > HYD is a popped spring! View modes: 
  • HYD is a popped spring!

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    Look at the chart  from   middle    2003 to  Nov 2004.    It is EXACTLY  like Feb 2009  to the present.   Look  how far it took off    then  and    watch history repeat itself.  I  am a fundamentalist  stock  picker first.     Then  I wait for the technicals to catch  up  later.  When you use fundamentals first you often  get the quick  200%   and 300%  gains before  they  get to the masses for the substantive runs after.  Moreover on thinly traded stocks  you can accumulate more in this period also.

    This is my  fundamental and technical analysis.  HYD   is trading at one third book value with no debt,   thats represents hard assets and  not good will  or debt.  Second it is the best in breed  in what  it does  in  Canada  , rig  and well repair and manufacturing.Third  all  major drilling companies have announced     larger increases in capex for 2011.  This represents    the start of the  " inventory replenishment "  phase.  It starts with some  rig builds and alot of repair/maintenance   work.   Next year it will  be rig builds   outright as   these have declined and are approaching obsolescence and the costs of environmental catastrophe are  too great if  your an  O and G producer and   u damage a reservoir,   watch  " Gasland "  on youtube   to see what    I  mean.  Fourthly  long term  hedges are coming off and    the majors   ECA, CHK    ,TLM   have cut back production sharply,  to create   an   "OPEC  style"  solution to get rid of oversupply to drive NG high so that    a   new round of long term  hedges can  be locked in.  Fifthly,   for the first time  in a  year,  weekly   NG storage was LESS than  it was    in a previous year. This week and next weeks  drawdown will   take NG  in storage   BELOW the five year average for the first time    since 2007. Sixthly  we are  in early stages of   economic recovery on a world wide basis. Canada , Australia, China,  India and Germany are further along than everyone.   As   the world economy  rebounds   industries which consume alot of NG  (  feedstocks, fertilizer, potash, and chemicals)   will  drive NG  higher. Finally China has mandated   to its automakers they want to see more   domestic vehicles that run on NG.  Arab instability and   China's 25 % investment in  Chespeake and Encana  demonstrate they want a reliable source of  NG supply.

       Long consolidation in  35 to 50 cent range is about to  pop to next     break out phase to a dollar,  then  further consolidation  before an  assault to 1.50.  From  there on to several dollars higher.   Stock   has only 4 %  more shares than  in the last run.       Small float,   15 % insider held ,  make this a   VALUE  PLAY  FUNDAMENTAL  and TECHNICAL   MULTIBAGGER!!!!!

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