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Author: Gordogato Big gold star, 5000 posts Old School Fool Winner of the 2015 Hidden Gems Challenge Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 30  
Subject: Positive Petrohawk Outlook from TheStreet Date: 10/7/2010 10:42 AM
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Recommendations: 0 thinks that Petrohawk's share price could quadruple by 2015:

Their justification is HK's increasing output from the Haynesville Shale area, increasing earnings (ignoring one-time, non-recurring losses), and raising cash through divestitures, cost-cutting, and refinancing debt.

Their conclusion:

See Petrohawk for what it is: a volatile mid-cap stock with potential for serious outperformance -- but also a considerable amount of risk. Don't buy it if you're risk averse. If you do buy the stock, keep the amount reasonable -- no more than, say, 2% to 4% of your total portfolio. That way, you'll get a benefit if it performs as projected, but you won't suffer terribly if it doesn't meet expectations or the worst case materializes.

A final note on one of the intangibles at play here: Petrohawk is the third major oil and gas startup of founder and CEO Floyd C. Wilson. His plan for Petrohawk is to accomplish what he did with the prior two -- sell when the time is right at a nice profit for shareholders.
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