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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
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To: FatMatty who wrote (2121)8/19/1998 7:37:00 PM
From: lightfoot  Read Replies (1) of 119973
 
With regard to oil stocks, buy the ones most likely to be bought out, we are not at bottom yet. Just more consolidation on the horizon as companies try to make money at low margins. It sure is funny how the big oil shortage in late 70's evolved into such a long lasting glut. But with companies dumping commodities like oil just to stay afloat ie Russia it may be quite sometime before the world produces less than we use.
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