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Strategies & Market Trends : Sharck Soup

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To: Jane4IceCream who wrote (36484)10/10/2001 12:12:29 AM
From: Sharck   of 37746
 
Hi NW,
As you can imagine I am undaunted with hundreds of "tips" and rumors every day. PDEs volume was increasing and it has shown remarkable divergence in its recent stock price compared to the OSX. I too like the company and felt it was worth going long on the above technical break out from 11.20. As far as the tip, yes, I did hear that there is consolidation in the drillers and a name of another company came up. It did not make sense to me however, at the time, I believed PDE would have made a better fit. I suggested taking profits on the call today, and have closed out my LONG.
S
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