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

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To: HH who wrote (6325)12/30/1997 11:54:00 PM
From: david james  Read Replies (2) of 95453
 
Considering picking up both NE and GLM tomorrow. But could someone refer me to the post mentioning the different short levels in the drillers (I can't seem to find it).

I figure there's been a fair amount of "shorting against the box" with a lot of these because investors wanted to protect their gains following thier runs. If that was the case, then covering may be most heavy on Jan 2nd (if they can afford to wait) to avoid 97 taxes on the gains from the short.

David
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