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Gold/Mining/Energy : Swift Energy (SFY)

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To: Rosemary who wrote (21)8/5/1997 3:35:00 PM
From: PuddleGlum   of 1602
 
Rosemary-
How long are you in for? With the action we've had the last couple of days I'm expecting a lot of people to sell on the news which, I think, is tomorrow.

Fidelity Management and a lot of momentum investors took this stock up to 36 or 37 early this year and then just abandoned it. And the big sell several weeks back was from a mo' investor. I wonder if he's regretting his move now or if he bought back even cheaper?

As you've probably read in some of the earlier posts, some of us have shares in our IRA's, so that money probably won't be going anywhere else anytime soon. I really think that SFY can be held for a couple more years, although some of my shares will need to be sold earlier.

Nice to have you on board.

Steve U.
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