SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Swift Energy (SFY)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Yogizuna who wrote (1587)2/16/2002 9:27:14 AM
From: PuddleGlum  Read Replies (2) of 1602
 
Another 52 week low was reached on Friday. SFY has been near the bottom of the sector charts on 6-month price performance for many months now.

The conference call was very long, and I was trying to multi-task when I listened to it, so I didn't absorb as much as I would have liked (read: didn't absorb most of it). But I like the emphasis on long-lived assets, and at least short term I like the increased emphasis on oil over NG. But I don't like the increase in production costs, though I haven't looked at other players to see if anybody else managed this better than SFY (but I assume they did).

Still staying clear of this stock, but thinking that we might just have a golden opportunity in this sector sometime within the next 6 months. Patience is painful, but so is losing money.

pg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext