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Strategies & Market Trends : Strictly: Drilling II
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To: waverider who wrote (13192)5/24/2002 1:00:49 PM
From: Frank Pembleton  Read Replies (1) of 36161
 
Wave... it's a company with one of the fugliest books on the face of the planet. The management deserves high marks for keeping this corps alive - too much debt and not enuff equity ... so whenever to stock price moves up they start covering the debt with newly issued shares.

...it's a great trader for the folks who know how.

Regards
Frank P.
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