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Gold/Mining/Energy : Ensco International Inc. (ESV)

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To: Cali who wrote (1406)8/3/1998 11:01:00 PM
From: chum slury  Read Replies (1) of 2005
 
ESV was a stock that was recommended by insidertrader when it was trading in the $28.00 range. They recommended it after there that there was some inside buying in the $30.00 range. What they didn't predict was the weak oil prices. I believe that they still feel ESV is a good company but they are advising to sell the stock until the oil prices firm up. They may take a position at that time. Apparently the feel there is going to be further pressure on the stock and advise to take the loss for now and possibly get back in when the oil industry starts to firm up.
A person can visit their website at insidetrader.com . At the site you can get some free info on insider activity. The stock recommendations are available for a membership fee.
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