Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: jimsioi who wrote (26326)	1/22/2003 6:11:07 PM
From: Roebear	Read Replies (1) of 36161

jims101, I have heard that the shares are already out there today and also that half were today and half tomorrow. I have myself really have no idea and if anyone does, I would be glad if they let us know. I'm in general agreement on your support levels, if 4.25 doesn't hold then 3.80 or 4 will. My TA says upside is greater on this stock than most other PM stocks at this point, so I don't mind a bit of downside and will likely add again if we see your levels. If we do see those levels that will be from the actions of the ones who brokered the offering, imho. EDIT The action of the stock is not much different from others who have made stock offerings such as AEM and NEM (Nem action messed up by acquisition that included hedges). Just some musing or wishfull thinking here, perhaps part of the deal for cheaply priced HL stock was that the brokerage would not short the H*ll out of it?? Best Regards, Roebear

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