Strictly: Drilling and oil-field services 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 : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crimson Ghost who wrote (32484)	12/5/1998 1:10:00 PM
From: John Carpenter	Read Replies (2) of 95453

Mr. Abelson fails to give any fundamental reason why we should buy these stocks other than they're cheap. He doesn't explain what factors will improve the current situation, nor does he provide real specifics on why the current situation won't get worse before it gets better. Throughout the 90's Mr. Abelson warned us about an "overvalued" S&P 500 while it marched on mightily and relentlessly upward. I'm afraid if we buy on his unsubstantiated opinion that oil and gas is "undervalued", that the OSX will continue its unrelenting downward spiral.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next