Clayton Williams Energy (CWEI) OIL Message Board

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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL

CWEI 131.90

0.0%

Apr 25 5:00 PM EST

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To: Buzz Mills who wrote (212)	12/21/1996 2:10:00 PM
From: Steve Wagner	of 1017

I'm new to this site. Just read through all the wonderful CWEI posts. I bought in to CWEI initially at $3 7/8 and picked up more at $6 7/8, $7 5/8, and $9. This has been a WONDERFUL year! I didn't know a thing about CWEI when I did my first purchase. I saw Mr. Williams had bought over 50% of the outstanding shares in my Individual Investor magazine. So, I threw some money in just based on his vote of confidence until I could do some more research. The increased volume lately is very comforting. If you look at the volume as a percentage of the outstanding shares NOT owned by Mr. Williams, it is even more impressive! The shares/trade ratio is also rising, probably pointing to institutional trades. Not that it really means much, but CWEI was also recommended at a buy in Worth magazines's "Stocks to Watch/Stock to Avoid" section in a recent issue (1 or 2 months ago). Let's hope for some good news on the 3D seismic surveys.... Steve W.

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