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Hyduke- Down 18 cents- Oversold???

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By Gee

Posted: Friday Sep 30 1:16:08PM 2005

HYD closed at $2.74 on positive earnings news. HYD had a solid first quarter in a period where many other oil/gas service stocks showed a loss. Revenue increased to $23,245,344 from $12,323,775 in the previous year’s quarter. Net income increased to $1,391,942 from $509,217 and eps increased to .08 from .03 cents. With such a solid Q1 and the reminding year expected to be strong HYD is on its way to being at $100 million Company with eps exceeding .30 cents. Full Q1 financials and MD&A can be found on Sedar.

By stockman

Posted: Friday Sep 2 10:45:16AM 2005

Noticed Hyduke is down 18 cents today. Got this stock recommended to me by a friend. What is a good entry point and the prospects of it?

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