Volume Is Coming For Horizon Energy Corp. (HORI)

HORI Stock, HORI Stock Chart, HORI Stock Quote, Horizon Energy Corp., $HORI,The penny stock of Horizon Energy Corp. (HORI) is looking to make a huge impact today based on the magnitude of awareness being pushed its way. Having only broken past 1,000,000 shares traded 3 times in the 15 month history HORI stock has been trading, today looks to be a spudding of sorts for the oil and gas developers. Coming off of an announcement Friday of an option agreement for an oil and gas lease in Webb County, Texas that consists of two tracts totaling 1,340 acres located close to Mirando City, minding the gap and avoiding the trap may prove to best be played on at around 10AM instead of the opening bell.

Our Next Pick Is Coming Soon!
HERE To Make Sure You Don’t Miss Any Of Our Hot Penny Stock Alerts!

HORI, HORI Stock, HORI Stock Chart, HORI Stock Quote, Horizon Energy Corp., $HORI, #HORI, HORI Stock Quote

Market Cap: 13.44M
Last: 0.28
Volume: 5,000
Dollar Volume: $140
Open: 0.28
High: 0.28
Low: 0.28
Trades: 1
Authorized: 200,000,000
Issued and Outstanding:
14-Day Rel Strength: 51.07%
52Wk High: 0.44
52Wk Low: 0.02

Looking for the Best Penny Stocks to Buy?
HERE To Receive FREE Penny Stock Alerts

Horizon Energy’s HORI stock is in play this week and the low float looking potential could be worth watching. The Company filed a NT-10K last Monday which eliminates a chance to see what’s changed since September 30, but with the last month having updated their intentions on becoming a player in the oil and gas business, today will display what HORI stock is really all about.

The possibility of Horizon Energy becoming a Eagle Ford shale play, leasing oil and gas properties in an area where texasdrilling.com reports there being 81 current producing operators in Webb County is worth some attention. With 3,799 active leases that produced 7,859 barrels of oil and 35,368,299 MCF of natural gas in September, 2013, the chances of Horizon Energy getting some drills in the ground with the $20,346 they had in cash as of September 30, 2013 is a plausible concept.

Historically, HORI stock has not been a popular pick for traders. It’s not because volume has been as absent as a stoner from history class for much of this year, but really because there wasn’t much to play off of unless you knew at 0.033 that HORI stock was going to be promoted this week.

The big fat note payable, $1,267,000 as of September 30, 2013, sticks out as the biggest line item on Horizon Energy’s balance sheet. Since it mentions nothing about it being convertible, speculating on HORI stock just got a little less risky.

HORI, HORI Stock, HORI Stock Chart, HORI Stock Quote, Horizon Energy Corp., $HORI, #HORI,

About HORI Stock

Horizon Energy Corp. is a development stage company formed with the intent to acquire businesses operating in the energy industry sector.

Click here to view the SEC filings for HORI.

Last 5 Trading Sessions:

Date Open High Low Last Change % Change Volume
04/04/14 0.2800 0.2800 0.2800 0.2800 unch unch 5,000
04/03/14 0.3000 0.3000 0.2800 0.2800 -0.0200 -6.67% 23,000
04/02/14 0.3700 0.4200 0.3000 0.3000 -0.0901 -23.10% 149,300
04/01/14 0.3000 0.4400 0.2970 0.3901 +0.0901 +30.03% 104,600
03/31/14 0.2250 0.3000 0.2250 0.3000 +0.0300 +11.11% 8,500


Bottom Line:

In Webb County where Horizon Energy is looking to tap that ground, major players like SM Energy and Lewis Energy are in partnership with BP are there, as well as other top operators with active leases like Chevron USA, ConocoPhillips and Laredo Energy. Assuming Horizon Energy can even ride the coat tails of these big players and somehow let HORI stock breathe to see the air above 0.35 at some point today, the week could be a big one for those playing the momentum off the penny stock alerts.

facebookTwitterStay Connected With Us: 

Our Next Pick Is Coming Soon!
Text Keyword “AIMHIGH” To 99000 To Make Sure You Don’t Miss It!

Last updated by at .