Quality stock,worth holding.13 May 2015 13:58
Yes,good recovery today,I was tempted to add a few yesterday and did around 4.20pm just before closing.A good sign of a respected business is a recovery in sp after big dips, Hunting has shown this to be over the last few weeks.
HTG was trading around 9 quid a pop around October last year when the war against the 'frackers' started which pressured oil prices lower and some rig production slowed.This action has affected oil companies in a big way,especially HTG because of the nature of their business,rig and equipment production as well as maintenance.of wells.
There could be some big gains here,I have a target of 7 quid or near as an sp target.HTG could and I mean could as a long shot that with current values on this quality company it may become a bid target.HTG sp will gain when oil price gains,this will not be straight up.
Good gains today,if the Yanks are positive today and the Dow rises or does not dip big then we should hold or even build on today's gains.Hold tight we will be ok.
Best of the Georgey.