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

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To: JungleInvestor who wrote (57618)12/30/1999 2:52:00 PM
From: SliderOnTheBlack  Read Replies (2) of 95453
 
Jungle - best and maybe the "only" post of substance on the fabs in months (VBG) !

Seriously!

Buying UFAB as we speak - thats all I needed. Now, why cant Kelly Miller of MEXP learn from CEO's like Dore, Beard, XTO's Bob Simpson etc...

* damn, maybe, just maybe - some more of those FGH shorts will cover, the company will post some real news, and they'll "Show them the money" come qrtlry time ? Maybe we see $5 before we see the qtrly however (VBG) ? - I think UFAB is the safer bet TODAY fwiw and I'll wait for $4 7/8ths FGH (VBG) untill I see something to change my mind. My mind is still open - but they MUST show me the money first.... hell $4 7/8ths back to $7 3/8ths by the end of 2000 would be a respectable 50%+ return !

Actually - I am kidding on "got MEXP ?" - no need to hype my small position of 30 x SargeK's net FGH holdings (VBG) - but, "Got CRK ?" may be very realistic... this little mite is firing on all cylinders and have a huge increase in both cap ex spending & drilling activity here during Q4 - should be great news coming in the qtrly imo. Old hedges expired, production turning around, drilling hits & cheap, cheap, cheap.

RRC - look at the NET Institutional buying all during the last 3 mos , not huge, but the fact that they were buying & not selling - is a biggie imo.

yahoo.marketguide.com

I like to see Institutions acquire shares during a 50% blow off - all the way down; RRC looks technically supported here imo. Range has been very, very good to me and it has more than a few Analysts pounding the table on it as well - including one of the most negative & toughest "b@$tards on the Street fwiw... There are times to buy, times to hold & times to sell the volatile RRC; its time to buy - bank on it.

TMR on that same marketguide link; had a 2:1 Sell by the Institutions - pretty substantial actually - BUT ! I see, feel and smell capitulation on TMR, especially on the Yahoo thread, where selling their euphoria and buying their gloom pays dividends (VBG) - a technical and an emotional bottom imho;and a nice bounce play at the VERY least; CRK RRC MEXP - I hold for a while; TMR looking for quick & easy $...
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