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Gold/Mining/Energy : PETD Petroleum Developmant-- Oil / Natural gas
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To: Ed Ajootian who wrote (659)9/13/1999 10:31:00 AM
From: Robert T. Quasius  Read Replies (2) of 688
 
I think PETD has more room to grow from here. A lot of institutional investors can't buy sub $5 stocks, but now that we've surpassed that threshold and higher natural gas prices are on the horizon, I would expect to see more institutional buying to take place. I'm looking for $7 by year end, which would be another 40% from here.
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