written by reader Halcon Resources Corp. (symbol ‘HK)

By cajunkidrn, December 19, 2012

Ceo Floyd Wilson of Petrohawk fame is on record about his intentions of repeating his succesful formula of ’acquire, develop, then cash in’ with Halcon. From all the research I have done, 2013 will be a transition from acquire to develop. I still cannot see a reason to not buy more HK stock. Everything seems to be going even better than planned. I can see HK share prices at $20 in 2 years easily, plus another 65% buyout premium if and when a Chevron-isk comes courting. Chips are falling correctly so far. Next ’Idea of the Month’ ? Your thoughts would be appreciated if you can spare a few moments.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.