Strictly: Drilling and oil-field services Message Board

STOCKTALK

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 : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Think4Yourself who wrote (48548)	7/29/1999 10:17:00 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

<HMAR says drilling downturn not bottomed yet.> Exactly the reason why the E&P's offer such upside as opposed to driller/service stocks here... for the first time ever - I own not a single share in ANY driller, or service stock - 100% E&P's.... there will not be any boat leaving the driller/service dock so fast, or so soon; that we risk missing it imho. While the OSX back & fills and is range/trade bound - the small cap E&P's are getting poised for some 30-50% to even ' double' runs here...to Q1 2000. Only CRK is still ''sleeping'' for me... after trading it continually; sitting here at a new ''re-entry'' cost basis of $3 9/16ths going forward. Expect $5 -$7 by even XMAS potentially based on cfps valuations when the hedges come off in Oct.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next