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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: BigBull who wrote (55897)12/2/1999 3:37:00 PM
From: Think4Yourself  Read Replies (1) of 95453
 
Dang, what is wrong with the market today? Picked up RRC at 3 1/16, and MEXP at 1 5/16. Sure it was only a few thousand of each (rather illiquid), but who was foolish enough to sell them to me at these prices?

at $3, RRC is priced substantially lower relative to their peers on a CFPS basis (< 1/2 the average of the 29 EnP's I follow). That MORE than compensates for the illiquidity and lack of marginability, at least for me.
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