SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL
CWEI 131.900.0%Apr 25 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Buzz Mills who wrote (155)12/12/1996 6:28:00 PM
From: Kendell Phillips   of 1017
 
Buzz,
I think the recent volume surge is very meaningful.
I have been going over some of the volume numbers for CWEI. Before the offering CWEI average volume for the year was around 29K shares a day. The last 7 days CWEI has averaged nearly 100K shares a day. All of the recent volume surges have been followed by an uptrend in price of CWEI. I expect this one to be the same. I wonder if the company is realeasing news in the next few days?

The other theory is CWEI is being discovered by analyst who are pouring over stocks to invest in for the coming year. There is several analyst dumping other stocks as evident by the drop in the S&P recently.

Another thread is talking about how GEOI is undervalued at a P/E of 12 compared to industry average of 27. The new earning estimates for CWEI of $1.70 for the year puts CWEI at a P/E of 9.5. The GEOI thread thinks GEOI is worth about twice it's current value. I think they are right about GEOI, and the same line of thought puts CWEI worth $40 plus.

It is all Positive!!! GO Clayton GO! The move is ON!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext