Key Energy, Pool Energy Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Key Energy, Pool Energy

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Flan who wrote (14)	7/22/1997 1:25:00 AM
From: Rick Slemmer	of 36

Flan: Tech indicators look weaker but are still good. The gap from last week has been closed, and OBV moved up again today. My Accumulation Index is declining, but that's normal from time to time - it's still in positive territory. Relative strength is declining but still way above .30, and still bullish. MACD has a buy in effect, and the spread is getting wider - more bullishness. Today's activity was a little meager on the volume side; up volume seems to be a lot stronger than down volume lately. KEG's pace of acquisitions puts a lot of pressure on the stock. They might overexpand, they might incur the fickle fury of unions, they might not be quite so careful in their Due Diligence proceedings. All of these factors make investors nervous, and only quarterly earnings growth will placate Wall Street and convince the suits that KEG knows what it's doing. Going into earnings season, the stock looks like it has the confidence of its holders. If it drops below 20, I'll buy some more. Did you see the article on KEG in the IBD last Tuesday/Wednesday? Good luck with the rest of your holdings. I don't think we'll need it with KEG. RS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next