Clayton Williams Energy (CWEI) OIL Message Board

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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL

CWEI 131.90

0.0%

Apr 25 5:00 PM EST

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To: RonN who wrote (919)	11/4/1997 9:43:00 AM
From: Jim Rathmann	Read Replies (1) of 1017

Thanks for the info Ron ... It appears that the 3D evaluation delays may be causing some of the momentum money to move elsewhere for the time being. The trouble is you never know when it will come back! The SONAT information is especially interesting... Holders of this stock need to realize that it is not the most liquid, and therefore prone to exaggerated swings. A large percentage is held by insiders. On a low volume day, try placing a small limit buy or sell order within the bid/ask spread. If you have real time quotes you will see that your limit order becomes the bid or ask. When buyers out number sellers, by even a small margin, the move can be large and quick. (and vice versa, of course) good luck jim

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