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: SargeK who wrote (58354)	1/13/2000 2:53:00 AM
From: Warpfactor	Read Replies (2) of 95453

FGH: Hull Breach! Seen these many times before - CPQ, MEXP, MDR, among others. You may see a dead cat spike in the next few weeks, you may wish to use it as an opportunity to get out. The stock will meander lower over the next few months: 5, maybe upper 4's. At best it is dead money for six months. I do not understand why people are so enthralled with throwing good money at bad stocks. Of course there is that one in ten chance that you do get a quick reversal (i.e. BHI). Where do you want to be six months from now? Rocketing to new highs with CAM, NE, RIG, HAL, FLC and KEG? Or wallowing in the 5's with FGH. JMHO. Warp

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