Lundin Oil (LOILY, LOILB Sweden) Message Board

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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Timelord who wrote (642)	6/29/1998 6:00:00 PM
From: Greywolf	Read Replies (1) of 2742

As far as I understand Tomas is in the Middle Kingdom. Maybe Clinton needs some advice on commodities. Matteus decision to dump Lundin for Astra in a short term perspective did hurt the stock. Matteus is the nominated broker for Sodra so I guess a lot of folk thought there was a dog buried and sold Lundin. Matteus does a lot of things that are "strange" and folk who know pretty much ignore them at least long term. You can always use their meanderings to make a short term profit of the ones who follow their advice. Pity though that they have such a big part of the small Swedish market place. The sentiment in Sweden regarding oil, gold etc stocks is low - lower than low. I also think the lack of a signed contract with Malaysia/Vietnam weighs heavy on the price just now. I would forget the Swedish influence on the stock price just now as it is overly negative. If you have it don't sell if you want it well it's cheap.

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