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

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To: heraclitus who wrote (75833)10/9/2000 11:37:10 AM
From: ItsAllCyclical  Read Replies (2) of 95453
 
>> Is FGH being mistaken for a tech stock today? <<

Technically so much damage is done that a fall back to 5 1/2 is likely. Besides this quarter promises to still be tough one for them. Looking out I'm more optimistic, but I'm not sure I'd want to own it ahead of earnings especially since there are numerous patch plays that'll probably surprise to the upside that are just as cheap.

I played it for a bounce and got it. I'm not ready to own it long term when I can buy KEG, NSS, MVK, ATW etc all very cheap.
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