June 20, 2017 - By Maria Brooks


The stock price of HUSKY ENERGY INCORPORATED CAD (OTCMKTS:HUSKF) recorded $-0.2 in recent trading, touching $12.29 and getting interest from avid investors. It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, HUSKY ENERGY INCORPORATED CAD’s stock was -54.00 %. According to the short interest report published recently, (HUSKF) had 3.07M shorted shares for 319.7 days to cover. The prior short interest was 3.27M for a $-6.20 change. The 52-Week High and Low are noted here. -7.45 % (High), 18.40 %, (Low). The stock had 9,600 average volume.

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When moving into land of penny stock trading, one must determine whether the risk-reward ratio is favorable. Penny stocks can be tremendously attractive. Hollywood often shows selling or trading stocks being easy and fun, with millions of dollars earned as profits. It’s important to identify that there is considerable risk involved when putting money in penny stocks. The risks list include market volatility, getting stuck with fake shell firms created for the only objective of the ‘pump and dump’. For those who are not aware with the term, pump and dump happens where brokers promote the equity until prices rise, then sell the stock, leaving novice investors to bear the loss.

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It is a common thing to get caught up in the excitement of penny stock email bulletins. Though the circulars are a helpful means to get ideas, wise investors still perform due diligence on interested stocks. Some penny stock circulars show a disclaimer at the bottom that states something like ‘We are not market advisors, we’ve got compensation and we may have this stock in our portfolio.’ Further study must be carried out to find out if a firm actually has businesses or is simply a home office.

Many a times, when a promotional plan is designed, there are big shareholders offloading shares they might have bought long ago, waiting for an opportunity to recoup their investments. It never indicates that these firms termed as ‘fake’ aren’t good options for short-term trading. If you have disposable money that you can put in use to make a quick trade, what a firm does is less significant than recording a win on a trade. In such a scenario, things like stock promotions are advantageous for shareholders as they throw more light on a dark or defunct firm.

Look at a promotion last year of Cynk Technology (CYNK), which surged all the way to $21.95 from low of 6 cents. The firm itself had very little to deliver as far as fundamentals or operations are concerned, and its shares price was purely led by trading activity.

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More notable recent Husky Energy Inc (USA) (OTCMKTS:HUSKF) news were published by: which released: “Husky Energy Inc” on May 24, 2017, also with their article: “Husky Energy Inc. Could Double in 2017” published on December 13, 2016, published: “Husky Energy Inc. focuses on ‘cut and paste’ heavy oil projects as company …” on February 24, 2017. More interesting news about Husky Energy Inc (USA) (OTCMKTS:HUSKF) were released by: and their article: “Husky Energy’s $2.2 billion offshore oil project a go in ‘motivated’ Newfoundland” published on May 29, 2017 as well as‘s news article titled: “Husky Energy Inc expected to reinstate dividend soon” with publication date: February 28, 2017.

Husky Energy Inc. is an integrated energy company. The company has market cap of $12.18 billion. The Firm operates through two divisions. It has a 11.24 P/E ratio. The Upstream segment includes exploration, development and production of crude oil, bitumen, natural gas and natural gas liquids, and marketing of the Company’s and other producers’ crude oil, natural gas, natural gas liquids, sulfur and petroleum coke, pipeline transportation, the blending of natural gas and crude oil, and storage of crude oil, diluent and natural gas.

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