Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Iceberg who wrote (3698)	11/24/1997 6:25:00 PM
From: SJS	Read Replies (3) of 95453

I know why they do it...They throw "bones" to smaller houses to give them air time. They hold them accountable and have them back in 1 month or so. Sometimes they take them out to the woodshed and it goes something like this: "Last month you said that oil was the place to be and it's 1 month later and we're another 20% off your mark". Gulp! Other times, they say "Congrats, you called the bottom, and we're 12% up over that mark". When this happens, they make a plug for the company and that get's them customers. In this case, with the news that Fidelity is selling, Orbitex's opinion really doesn't matter to me becuase they won't be able to stop the slide. If Obitex was selling and Fidelity came out with a counter opinion, NOW that's news!

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