Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Gary Newman provided excellent commentary on Friday on the latest in the evolving demise of Hurricane Energy (HUR) from AIM O&G darling to AIM gambling fodder, while I was busy picking up my milk float and learning to drive like Ernie. Tom commented in Bearcast how he also saw a debt for equity deal looked like a probable outcome. I’m not sure I see the investment case even that favourably when I start to drill into the detail.
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