Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Cogito Ergo Sum who wrote (12290)	5/13/2002 11:41:51 PM
From: Frank Pembleton	Read Replies (1) of 36161

Kastel, here's a war story - Vt posted what I thought was a nice press release from a nice company, with a nice chart and some nice headlines (recently done PP) - so I go in and buy it for a buck. Within 10 minutes it falls to $0.91??? - I'm one penny away from stopping myself out! Anyway... Watching Nortel drop made my little foray into the juniors look like a low risk Alka-Seltzer moment. Earlier today on Robtv the speculation was that the banks were driving this $2.5b shelf offering. I hear that the debt holders get first dibs on the carcass. Yikes! Regards Frank P.

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