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: waverider who wrote (22717)	5/22/1998 4:09:00 PM
From: The Ox	Read Replies (3) of 95453

*I made a mistake by buying more FGII and MDCO BEFORE letting the downdraft work itself out.* Diamond H, I disagree with your premise. You are talking like a trader since you are looking at the short term outcome of your purchases. I also added FGII and MDCO at higher levels then today's prices and I don't believe I made a *mistake*. I think that it is very easy to say, I should have stayed on the sidelines in retrospect. Both stocks looked like bargains and we both purchased them. Sure we could have held out but there was NO guarantee that the stock prices were going to fall to today's level. I will come back and repost your post and this one in a year from now when these stocks are at levels FAR ABOVE that of today, if you don't mind. Please take this post in the light hearted spirit that I'm writing it in! Good luck and hang tough, Michael

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