Trico Marine Services (TMAR) Message Board

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Gold/Mining/Energy : Trico Marine Services (TMAR)

TMAR 22.40

-0.3%

12:12 PM EST

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To: Grommit who wrote (752)	8/26/1998 8:51:00 PM
From: steve goldman	Read Replies (2) of 1153

Bot some more today. Looked too cheap. HAD an average price of 12 on some pretty good size...added about 30% more to my position. Last I checked, cheaper was better. Making 56 cents last quarter, beating estimates by 10%, i'll take my chances here. Nonetheless, dont forget that stocks do go to zero, that bad gets worse and that it usually gets ugliest before it turns. Is today the ugly bottom? I dont think you'll see a true recovery until oil turns and value players come in..nonetheless, the move from 11 to today's close is a bit much. Risk, reward, thats why they call it a market! Lets see Dell makes 2 and change and trades at 134 , Tmar makes roughly the same and trades at 6ish...risk/reward...heck, I know i cant lose anymore than another 6! -Steve

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