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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Razorbak who wrote (45819)6/7/1999 11:36:00 PM
From: Think4Yourself  Read Replies (2) of 95453
 
Better late than never?? I own a substantial position in MEXP, so I can at least tell you why. Before I add a stock to my portfolio, there is one criterion the company must almost always pass: insider buying.

Since published numbers are fairly easy to fudge ("Figures don't lie, but liars figure"), I rely heavily on the breadth and width of insider buying to determine how many shares I want to acquire. I am comfortable with my MEXP position, despite their current debt troubles.

That's why I bought and am holding. Hope it helped.
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