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Gold/Mining/Energy : Swift Energy (SFY)

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To: The Ox who wrote (1560)12/2/2001 12:00:59 AM
From: PuddleGlum  Read Replies (2) of 1602
 
Michael-
What are you holding onto these days? I still haven't renewed my position in SFY, but I'm getting ready to build positions in the energy sector. I find that I'm very hesitant to select SFY when there are other fine companies out there, but we know that we have a production increase coming in the relatively near future when the processing plant comes on line.

Our part of California has been pretty cold lately, so the furnace has been on a lot. The NG price collapse will lead to another spike to $10, or thereabouts.

I traded GSF for a small profit, and I'm holding on to a few shares of CHK at a small loss. I also like the alternative energy sector at this time, but more as a long-term scale-in type of position.

Best of luck to you,

pg
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