SI
SI
discoversearch

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.
Gold/Mining/Energy : UFAB - oil drilling deck fabrication
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: andrew r harwood who wrote (169)11/29/1997 5:05:00 PM
From: Platter  Read Replies (1) of 337
 
Andrew, was that short position recent. I would think that with the stock declining so much in such a short space of time, those characters would have covered by now. But as you say, if not, then they will be rushing to cover as it starts to move up. The thing is that oil drillers and equipment stocks sold off a couple of months ago, and I bought CDG at $50.00, but it went to 47.00 and I got out when it recovered. I think the same will happen again. Of CDG, GIFI or PTEN which do ypu think has the best poteential to recover quickly. I heard on CNN that OPEC decided to increase production...do you think this will be negative on oil prices and hit these drillers and equipment stocks again?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News