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Strategies & Market Trends : Three Amigos Stock Thread

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To: Chris Jensen who wrote (1908)3/18/1998 6:53:00 PM
From: Sergio H  Read Replies (3) of 29382
 
Chris, the Merril Lynch analyst that lowered estimates on oil stocks got hit by a rumor that OPEC is planning to cut production in order to stabilize oil prices. ESV is primarily a natural gas company and has gone down irrationally. The fundamentatls are solid with this stock and the Amigos are betting that the stock will be closer to $40 this summer than $20.

PORTFOLIO COMMENTS:
The Amigos sold APCO today at nearly 100% profit on our Amigofolio. We owned the stock prior to starting this thread and our true profits exceed 100%. We feel that the stock has gone ballistic and is ahead of itself. We love the company and what they are accomplishing and will get back in on a dip.

We have another stock on a breakout. Anyone notice PURW ? This stock is rising on KAVA !!!!

The rest of the portfolio was relatively quiet today. Our short term trade, TOTL again hit a new high on good volume, so it's still a keeper.

Ken - Ditchdigger and Ken W. Thanks for the bb specials. I've received e-mail asking me if you guys were ok and I've given you both the official Amigo seal of approval. Keep up the good work.

Dave J. have you been able to figure out the ATPX TA? Thanks for your efforts.

Nice to see old friends Doug R. and Radar pop in for a visit on this thread today. I'll take a look at Doug's LAKE and post later on.

Sergio
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