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

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To: Sharp_End_Of_Drill who wrote (74779)9/27/2000 12:26:59 PM
From: SliderOnTheBlack  Read Replies (3) of 95453
 
"not so sharp" - end of the drill ?

re:

<<. I personally don't believe I've put out half the hype as has been given on perennial dogs PGO and GLBL.>>

"perennial dogs" - "hype" ? C'mon; have a clue...

siliconinvestor.com

If you look at this chart from the March to June OSX run up period when many were trumpeting PGO & GLBL - they did outperform the OSX fwiw. Quite a few here began taking profits in May/June and the OSX has not significantly broken to a new trading range since that timeframe. Also; buying PGO and especially GLBL here; I'd be willing to wager a very fair amount of money that from today, going forward they once again outperform the OSX over the next 60 days, 3 mos & the next 12 mos ?

GLBL as been one of the most profitable trading stocks here since the inception of this upside cycle & while PGO has not broken thru $20 , nor achieved its former highs in the mid $20's of late - it certainly made many here money; as did GLBL and there will be no "Boom" continuation going forward without an ultimate $20 GLBL & $30 PGO - you can bet your drillbit on that... these are both later cycle stocks .

To match those targets the OSX will need to go to OSX 240ish to 285ish. Which return & target looks more realistic - $20 GLBL & $30 PGO, or OSX 240-285 ?

ya just gotta know when to hold 'em & when to fold 'em - when to walk away & when to run...

Go Gold ~ (black & yellow)
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