Friday, November 9, 2007

Another Penny Stock Purchase - HENC.OB


Okally Dokes....

I first got a recommendation to buy shares of HENC or Holloman Energy Corporation from a stock picking newsletter I subscribe to.

The newsletter is called "Doubling Stocks" & you can check it out at Doublingstocks.com if you so desire.

In a nutshell HENC is an oil drilling company that is sitting on some potentially good finds.

It was named a "speculative buy" by Beacon Equity Research just the other day. They're saying it has the potential to hit $2 pps (price per share). Here's the article.

The financials are skimpy, but hey, I'm all about some upside potential when it comes to finding some sweet Texas tea.

I only dumped $50 into it...so I won't be calling my Dad for a place to stay if it tanks. :->