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: Warpfactor who wrote (67521)	6/2/2000 3:33:00 PM
From: SliderOnTheBlack	Read Replies (4) of 95453

BUY PTEN - NOW !!! remember my last short squeeze call on it ? .... Dain downgraded PTEN on the basis of it "potentially" having less upside than its peers do to its under-exposure to deep drilling SCR Rigs. PTEN had some hedge funds lay on it to the short side - still in deep here. They are getting ready to exit - just like the last time... same source, same play - do it, don't doddle, dilly - dally etc. Triple bottom near $22/23 on PTEN - bounces STRONG each time to $28-$30 in March , April and May - do it; fundies on land are great - dayrates will be runnin - the SCR weakness is way, way overblown & I just heard that PTEN is in play.... A no -brainer - we got $4 bucks on the short cover in 1/2 a day the last time.... do your DD - allthough the thread long-timers allready know this one - I love the triple bottom - do it & load thy boat. I just did as I was told we WILL NOT see $20 - run the shorts now ! We're goin thru $30 ~ on this leg - bank on it.

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