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 (239)	12/27/1996 4:07:00 PM
From: Buzz Mills	of 1017

A New Closing High For CWEI @ 17 3/4, up 1/2, Bid 17 1/2 X Ask 17 3/4 ..Vol 46.9K CWEI not only set a new Closing High of 17 3/4 (previous record 17 3/8), but also hit a new Historical High of 17 7/8 (previous record 17 5/8) today on moderate volume. There was some profit-taking towards the end of the day which pulled CWEI down from a Bid 17 3/4 X Ask 17 7/8 to Bid 17 1/2 X Ask 17 3/4 but CWEI appears to have good strength. At the close, before a final update of the charts Clayton Williams (CWEI) was sitting in 5th place on the Stocksmart Winners/Losers graph, so check to see if it remained in that position: stocksmart.com:8802/ows-bin/owa/Iy.g?iid=8 CWEI gained 1/2 point for the week. The "Spot Price" for oil is over $26 per barrel, gas should be a little less than $3.50. February futures contract. At 1600 EST Oil is at $25.23, up 0.31 (CWEI rcvd $21.19 in Q3) At 1600 EST Gas is at $2.98, down 0.40 (CWEI rcvd $2.62 in Q3) All in all, this wasn't a bad way to finish the week--hitting both a closing high and an historical high on the same day.

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