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

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To: Think4Yourself who wrote (65553)5/1/2000 3:39:00 PM
From: Telemarker  Read Replies (1) of 95453
 
Anyone know what's up with PENG today?

Perhaps the best managed E&P out there, IMO.

JQP, I do hope that you continue to find time to post as counting you mounting profits is no doubt demanding more of your time. FWIW, I don't think this is a range-trading market for the E&P's either. I broke my own rules in early March to load up on the E&P's (using margin and violating diversification rules) and have now sold enough shares to correct that situation. So many of these companies still look so dang undervalued that I'll now be happy to sit through any retracements. This idea that one can/should only own stocks when they go up is somewhat humorous, IMO.

Cheers!
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