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

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To: articwarrior who wrote (55277)11/23/1999 11:10:00 AM
From: ItsAllCyclical  Read Replies (1) of 95453
 
>> I'm in cause I just don't see much downward pressure on OEI here. At 8 it is grossly undervalued. <<

Completely disagree about the downward pressure. That's all we've see the last 2 months. Somebody wants out. I thought they were gone when that 3 mil share block crossed at 9 but I guess not. Hard to say when it'll be over.

Completely agree about being grossly undervalued though. But value doesn't seem to mean much these days.

That said it's still my #1 holding. Bought a little more this morning, but saving the troops in case we see 7 or 7 1/2. Any close at or below 8 and I think I will have to send in the troops...
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