Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (6847)	1/28/2002 5:16:11 PM
From: isopatch	Read Replies (1) of 36161

OT/The latest from Under the Porch Rocket Science Inc.<g> Hanover Compressor was the focus of a heavy pump job last week by JimP. With his pick-up apparently fully loaded with HC, he shrugged off several cautions from other posters on the Boom Bomb Thread. <No matter how you say it, it's a buy. Banc of America in big push on Hanover Compressor> But the brokerage rec that followed is over 2 wks old. Message 16962951 Among other concerns expressed by posters was the trading halt in the stock on Friday due to pending news. But the response was more denial posting by Jimmy. <My guess is it's good news Monday morning and in the short run we have a $20-25.00 stock and for those who want to hold long term the stock should be a $30-35.00 stock within a year or less.> Message 16968229 BUT.................here's what happened today. <HOUSTON, Jan 28 (Reuters) - Shares of Hanover Compressor Co. (NYSE:HC - news) on Monday fell to their lowest level since June 1999, despite the company's attempts to assuage investor fears that its financing vehicles are the same as the ones that brought down troubled energy trader Enron Corp.> <Hanover....stock was the second-largest loser in percentage terms on the New York Stock Exchange.> biz.yahoo.com The stock dropped further than closed even lower than the price quoted in the above article. finance.yahoo.com Last week, we watched the hushed up end to the short selling fiasco in BZH in the very lo 70s when Kodiak covered in capitulation in the $80-81/sh area. Today, it's a bloodbath in HC for JimP. Moral is? Stick with SD II folks. The energy stock ideas are more prudent risks as opposed to the wild go for broke gambling fever that's run amock so many times among the chihuahua crowd with shorting before strong rallies in a stock group followed by knife catching contests on the buy side. And we've seen examples of both in just one week. Nuff said. Now back on topic. Isopatch

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