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: marc chatman who wrote (23173)	6/1/1998 12:16:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

OMNI; continuing to buck the trend... However, OMNI & HLX are the only ''green'' on my screen lately.Getting killed in land drillers BDI & PTEN are really cheap; unfortunately I'm not in a position to average down on these 2, also can't see a reason to sell - how much lower can these 2 go ? It's a little disconcerting that some drillers are breaking below new price points like CDG sub $40 without support and even deep drillers FLC, NE, DO & RIG getting hit so hard... ohhh a lesson to keep some cash. I would have to say for anyone just entering the sector, that the land drillers have to be a screaming buy.

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