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Microcap & Penny Stocks : Benz Energy (BZG.V)

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To: Archie Meeties who wrote (243)3/10/2000 7:34:00 AM
From: Ed Ajootian  Read Replies (1) of 272
 
archi,

Are you still in this turkey? I'm still very positive on the stock but am now lowering it to a "buy" from a "strong buy" based solely on price appreciation.

The stock has gone up 50% in 6 trading days and a retracement is likely. They are nearing the zones of interest in their Oakvale Dome well and if they get some gas kicks out there next week that should re-ignite some buying.

But the past inability of this stock to hold its gains causes me to cool my jets a bit. Right now my hottest O&G stocks are Panaco (PANA) and Petroquest (PQUE). Wondering if you have ever looked and those, and if so, what you think of them.
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