Ultra Petroleum (UPL) Message Board

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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: Jeannie Dixon who wrote (4698)	8/13/2000 1:46:51 PM
From: A. Wayne	Read Replies (1) of 4851

Jeanie, FWIW from an old time investor (on margin in the '87 crash - and survived, somehow). I don't think you should buy volatile stocks like UP on margin. It can easily go down 20% and force you to sell. Save your margin purchases for stocks like Intel. I'm not knocking UP here. I think Watford is doing a great job turning this company around and that UP has a bright future. Just my opinion Wayne

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