Strictly: Drilling and oil-field services Message Board

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

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To: SliderOnTheBlack who wrote (48210)	7/20/1999 2:20:00 PM
From: double-plus-good	Read Replies (1) of 95453

slider, what do you make of the news that PGO is going to do a fairly substantial secondary. kind of suspicious the way the stock ran up prior to the announcement. might be related to an effort to get a higher avg. selling price for the adr's, no? usually there's alot of price support from participating brokers prior to and following a secondary. i'm assuming you cleared your plate of pgo on the run to 22. what are your thoughts on re-entry prices. regarding your comments on MEXP -- I'm not so concerned with the NG related stocks in my portfolio. the NG prices are coming off their lows and we have yet to get any of the news that might pop MEXP near-term. i've continued trading out of Oil related and into NG related. TEXP looking good for an entry today. ++good

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