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Microcap & Penny Stocks : GW GREY WOLF
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To: Hawkmoon who wrote (407)3/15/2001 6:23:29 AM
From: Aggie  Read Replies (1) of 444
 
Ron,

Sorry, I forgot the second part of my post. Like Razor, I like Greywolf and in fact have used some of their rigs in the distant past - a class act when among Texas land drillers (which is not always necessarily saying much).

I recently cashed in my (3+ basis)long term position, and I would consider jumping back in around the 4-1/2 - 5 level.

I agree with Razor that they have top old-school management (explains underfollowing/low promotion), and would also add that they have a broad assortment of rigs to handle most needs - although many are old, they are kept in good shape and can command solid dayrates.

Regards,

Aggie
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