I hate buying things I’ve seen on Cramer, but on occasion I do and this is one of them. took a 1/4 position today at $5.03
There may be another .25 or so of downside, but the fall from $7.00 has been swift and brutal since they were featured on Mad Money.
I like the model here and that fricking Obama mentioned fracking in the SOU address. Maybe he gets it after all.
BTW this is more of a long term holding than a trade – just bottom guessing here
One Response to Bought HEK
tried this one last week but bailed on the huge downside volume.