SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Swift Energy (SFY)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert T. Quasius who wrote (1493)6/7/2001 9:02:13 AM
From: PuddleGlum  Read Replies (1) of 1602
 
Truth's link about fuel switching back to NG will alleviate the pricing pressure from item #2 in Simmon's report. But when will the weather factor change? Given the sector price performance it appears that the really smart money was aware of extended product price weakness.

I've considered SFY a screaming buy on fundamental grounds for quite some time, while the technicals have been somewhat poor for the most part, with some improvement in recent weeks. But yesterday's drop on heavy volume didn't make me feel very good.

ESLR has poor fundamentals, but on a TA basis it looks ready to pop. If you check the alternative energy stocks for yesterday and for the previous week you'll find them mostly doing well, except for CPST, which is my only energy stock besides SFY.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext