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Gold/Mining/Energy : Parker Drilling Co.
PKD 14.660.0%Feb 10 4:00 PM EST

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To: Outer-limits who wrote (222)2/16/2002 9:02:54 PM
From: Outer-limits  Read Replies (1) of 253
 
PKD is getting ready to once again break out into the 4s. The chart pattern is SCREAMING for this to happen, and I believe it will happen this week. Options kept it below 4 during the prior week. Saber rattling by President Bush to Iran/Iraq/North Korea should send oil futures slightly higher. Technical breakout should take us up to about 4.75-4.90 before profit taking takes hold. This puppy is a keeper, I'm now convinced of it. Too bad I didn't have the capital to buy more in the mid 3s recently. Good Luck!!!!
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