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: Broken_Clock who wrote (16876)	3/27/1998 1:52:00 PM
From: SJS	Read Replies (2) of 95453

I agree. NE today has a size buyer at 32 1/4 and they just keep putting stock to him. The stock hasn't moved for about 30 minutes. It's come back more than most of the stocks to October levels, although 2 weeks ago it was 23 7/16. That a HUGE move in 8 trading days... What's your call on UTI's upside? Gonna do 100%? I'm trying to determine risk/reward, here. 10% downside risk (16) for 50% more upside (27) is reasonable. What are you looking for on the upside? PS: I think that GLM is getting cozy with 26, and may use this as a new base from which to move from.

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