Booms, Busts, and Recoveries 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.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (34781)	6/8/2003 1:45:30 AM
From: energyplay	Read Replies (2) of 74559

Hi Jay - I'm re-evaulating MIR. Feels like the the holders of the common will get some kind of big dilution -OR the banks may decide they need to make an example of somebody so they can get better terms on the other deal they have to do. Not ready to bail yet, but will be looking for an exit between $3.50 -$4.00. I'm waiting for the UP part of the news game to begin...should be in the next 10 days. *********** I recently bought some KCS to add to my TMR and CWEI. All have big increases in NG production and lots of debt. Rapidly increasing cash flow pays down debt, allow more drilling and retained profit. Even if gas goes down to $4.50, these companies get well quick. Last year they were selling gas at $2.40, today close to $5.00 and heading higher. Most important, production volume is heading UP, with recent discoveries at KCS & TMR, recent acquisitions at CWEI. Looking to 2X my money by January On these three.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next