Trico Marine Services (TMAR) Message Board

STOCKTALK

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 : Trico Marine Services (TMAR)

TMAR 22.47

+0.3%

Nov 5 2:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: D.J.Smyth who wrote (839)	9/18/1998 9:13:00 PM
From: Gameboy	Read Replies (1) of 1153

Darrell, do you have any wild guesses as to how high oil will have to rise, and for how long a period of time, before day rates firm up and began to rise - and have you checked lately on current dayrates? Obviously, everyone's expecting a bum quarter but not everyone expected oil to pop back to $15 before it ended. We may be getting some help from Gulf weather, but it only sped up the inevitable. I fully expected oil to retrace some of its gains, and it may, but if there's a 1.8 million barrel/day supply/demand deficit (IEA 4th qtr estimate) every week that passes will soak up a lot of excess crude inventory. Best of luck, Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next