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Gold/Mining/Energy : Anyone following UTI Energy Corp.?
UTI 23.13+0.9%Nov 26 3:59 PM EST

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To: Minos who wrote (740)5/21/1998 4:00:00 AM
From: BoNg-N-BoNg  Read Replies (1) of 1305
 
Minos...just remember UTI is an oil and "gas" services so it has more advantage than just a regular oil service stocks.. I watch this stock moved from $12 to current price few months ago while others like PTEN and TMAR just moved 1/2 % gain of UTI...

my analysis about that article that was posted is for long term benefits for us oil user lovers... that is to say that we won't have any kind of CRISIS like in the 70's when the OPEC try to squeeze us... now they have more competition from other countries while at the same time more available oil supplies for everyone to benefits...but it doesn't dictate that we will be in lowers $15 per barrel in the long term either...even though we are on the supplies side right now, we will be back on demand sides by next year.. at the mean time, there's a possibility of UTI's prices to go below $16 near short term but it should bounce in that area...either way, UTI will be amongst the strongest of their peers...

just a thought..
eL...
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