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

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To: pz who wrote (18447)4/8/1998 5:38:00 PM
From: jbe  Read Replies (2) of 95453
 
pz -- You were right about BTJ! It ended up whomping everybody today.

I'm assuming that the sharp spike upwards is due to its sockeroo earnings announcement this week. Sharp spikes like that tend to come down rather soon, at least temporarily. Does your crystal ball tell you whether its price rise is likely to hold?

I ask because I took a peek at figures about the company, and I'm really impressed! In addition to rising sales and profits, it can show a balance sheet to die for; great free cashflow, low, low valuation ratios, etc. Now, I'm thinking of buying it myself (unless, of course, I've missed the boat again -- I'm no TA-er).

Excellent pick! I congratulate you (and anyone else who had the foresight to buy BTJ just before the upswing).

jbe

jbe
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