Opinion on  Harvest Natural Resources Inc. (HNR)     Sector: Energy  >  Industry: Oil & Gas Operations
A Closer look at Mohnish Pabrai's latest purchase of HNR

Looking at investing guru Mohnish Pabrai latest buys, Harvest Natural Resources (HNR) appears throughout March to May all in the $9 buy range. At first glance, it looks like HNR is losing money but there is a reason for that. Pabrai is all about deep value Warren Buffett style investing. So what's he doing with a stock like HNR where they practically do all of there business in Hugo Chavez's

I mentioned investing guru Mohnish Pabrai investing in Harvest National Resouces(HNR) on June 17 at $9 and change and the next thing you know....BAM! HNR stock soars to almost $13 today.

Harvest reaps progress in Venezuela

I'm a believer in Pabrai now....He's the man.

Mohnish Pabrai picked it for his portfolio....now Jim Cramer is jumping on the bandwagon....

"In fact, it's had some positive results, such as expanding the company's drilling contract by 14 years, until 2026, and giving it three new fields to drill on. And because the entire world is scared of them, stocks such as Harvest become really cheap, Cramer said. Harvest trades at 11.3 times forward