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: BigBull who wrote (55019)	11/18/1999 2:57:00 PM
From: ItsAllCyclical	Read Replies (1) of 95453

Ok, one more post regarding REXI and then I'm done. Here's link to the current short term chart. This is about as basic as you get in TA. Usually this pattern is accompanied by a strong move shortly. Based on how it's been trading and it's fundamentals I'd say that move is to the upside. timely.com It did close to .33 cents last quarter and is expected to earn around 1.30 for next year while the stock is at 7 9/16. This was once a $30 stock 2 years ago. It's near historic lows (6 is the low I believe). It's only a partial energy play (30%) and they may even sell this division soon, but the presense of this division imho pretty much assures some upside suprises in earnings for the next couple quarters. Since everything else has been running quite a bit I've been looking hard for laggards.

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