SI
SI
discoversearch

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 : Ensco International Inc. (ESV)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gottfried who wrote (1514)10/12/1998 3:17:00 PM
From: MARK C.  Read Replies (1) of 2005
 
Play the game, The oil sector will recover and you can bet that the brokerage firms are the ones loading up on these discounted drillers and service co's. Now that they have millions of cheap shares they have lowered earnings estimates so low that we will see the entire sector beating earnings estimates for many quarters to come and with that a mass of buying and rapid appreciation in share prices. It may not happen in the next quarter but it is going to happen.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext