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: Think4Yourself who wrote (85773)	1/31/2001 2:29:10 PM
From: ItsAllCyclical	Read Replies (3) of 95453

JPQ - AGA draw I know you're aware of these as well just wanted to sum it up. 1) More industrial use is coming back on line - and will continue to do so at $6. 2) Hydo power at limits in west. Water levels too far depleted to have much influence going forward. 3) Raymond James report talking about extra Canadian NG coming our way the past few weeks and how it would be limited going forward due to their low storage levels. I tend to believe we'll get at least one more cold blast before winter's over. Have been moving from laggard to laggard. Took profits in TAM today. Probably too soon, but will buy if it trades back under 14 1/2 again. Used to proceeds to buy more EEE and bought some Aug 7.5 PGO calls. Still think PGO could hit 7-8, but will simply buy shares if that happens. I don't like PGO. I don't like it's management. I'm not even crazy about it's chart ST, but it is really cheap and when the bring the ban. platform back on-line (within a month imho) this favorable news release should give the stock a pop. Right now PGO is a small position. Going to average back into this one over the next month.

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