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Gold/Mining/Energy : Trico Marine Services (TMAR)
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To: Prophet who wrote (167)3/25/1998 9:40:00 PM
From: Glenn Duncan  Read Replies (2) of 1153
 
Prophet, I would suspect its a supply / demand situation, whereas the supply is reduced demand remains constant or hopefully increases, the price of oil would increase. As that happens it would be increasingly profitable for drillers in the Gulf to produce, which in turn would create demand for service/support(Trico).
I am certainly not an expert on Trico, perhaps someone else will answre your question. I only bought this stock on valuation and charting basis. Perhaps we could get some sector rotation to this
beaten down oil group.
Hope hat helps.
Good investing,
Duncan
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