Triton Energy (OIL) - Elephant stalker Message Board

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Gold/Mining/Energy : Triton Energy (OIL) - Elephant stalker

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To: Kevin G. O'Neill who wrote (86)	7/14/1998 11:39:00 AM
From: SliderOnTheBlack	Read Replies (1) of 134

Where is everyone ? James Cramer wrote about ''the big story'' on .... Intel and their 17,000 options about ready to expire --- hey JJC; a much bigger and more intriguing story is OIL; how about 20,000 JULY $35, $40 calls alone - the hell with Intel. What a ''gutcheck'' going on with those brave souls that are daring to go where few men would; -- holding those potential Home Run calls into the final 3 days to expiration. See the shakeout yesterday ? Think some of the big boy call holders might have been shorting OIL bigtime yesterday to shake out the July call holders so they could buy cheap ? What a story; I merely took the conservative play and bought the common on the bottom yesterday... Questions; for you Oil longtermers; Are they more likely to just sell their Columbian & Thai-Malaysian fields alone or the entire company ? This appears to be misleading... I see numerous releases on bids on just these 2 fields and NOT the entire company ?

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