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: Harold S. who wrote (26928)	8/3/1998 5:53:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

BDI - so cheap I'm jumping up and kisssing my own ass on this one ! I keep looking for those 1 - day excessive selloffs and I found one that I loved today! BDI - whom I love; sells off 16% in 1 damn day ! Accessing all the 8% equity line moolah I can. Let's get a bottom fishing #101 lesson here boys & girls. BDI goes public last fall at $28 +. It has what some say is the best ''average accross the board quality'' land rig fleet in the bizz. Lot's of SCR Diesel Electric deep drilling land rigs... has done some nice acquisitions. Has virtually no debt, good cash levels - still buying other companies ! Now selling for 1/2 of book value and 1/6 th of its initial IPO offering of 10 months ago ! Stack those Rigs boys - go on vacation 'till Asia rebounds & OPEC sticks to cut's and you still will be cheap ! Folks; going to pay for a child's college education or a ''big boys toy'' on this one ! OHHHHHH BABBBBBBY ! Gimmie some more - this is like FLC @ $9 or RIG @ $25 or SLB @ $40 - it no longers matters - institutions are just bailing, the market is teasing us, daring us to BUY ! Anyone else buying BDI today ? damnnn; gotta calm down - the hair is standing up on my arms - we are entering a time when we will someday be able to tell our grandchildren about how we bought this $3 Million Dollar, deepwater canal, Palm Beach gated community home, with the 60' Hatteras out back; by buying all those damn Oil stocks back in 1998 when no one else wanted them ! (anyone else see the Prudential RE ads on this home today on CNBC?) ...it's happening - the few, the proud, the brave - BUY BUY BUY BDI ! YESSSSSSSSSSSSSSSSSSSS.

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