Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PartyTime who wrote (20518)	4/27/1998 1:49:00 PM
From: Tulvio Durand	Read Replies (3) of 95453

Reasons for not buying PTEN today: 1. Ron of RnpG says two more days down in this sector. 2. Zachs has PTEN as a Sell. 3. Onshore contract drilling is more sensitive to spot oil/gas weakness compared to offshore drilling. With reported burgeoning oil stocks coupled with lack of oil storage, spot oil is headed for further decline. 4. Per Baird, RIG and DO are safest when oil prices are weakening. 5. One of our most bullish colleagues, Teddy, has transformed himself into Teddy Bear. 6. With the 'correction' in process and holdings softening many 'bulls' will be needing Viagra. PFE looks like a good buy today. DAVX looks good too. Tulvio

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next