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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (25456)	9/6/2003 9:56:57 PM
From: JCS	Read Replies (1) of 206089

"In any event I am 40% margin loaded and no cash. Heavilly into PTEN ~$28 with margin." quehubo, I own some PTEN also, and am curious why you chose to focus so intensively on it. My target is a 30% gain, but am troubled by the poor performance of the tubulars, especially LSS which I would think should be leading an uptick in drilling activity. Meanwhile RDC and ESV, which I also have some of, keep edging up with RDC just short of a 52 week high. As is well known, they are plays on deep drilling on the shallow shelf. That takes a lot of pipe. There seem to be many contradictions which leaves me totally confused. Any light anyone can shed on this would be appreciated. Anyway I hope that PTEN works out for you.

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