Pride Petroleum Services (PDE) Message Board

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Gold/Mining/Energy : Pride Petroleum Services (PDE)

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To: Janez Lomshek who wrote (373)	2/23/1999 11:30:00 PM
From: DEER HUNTER	Read Replies (1) of 454

Someone definitely threw in the towel today and I agree with you that the stock should move higher from here. I can't figure out why anyone would sell this thing at current levels. I know ...I know....crude at 12 year lows etc.etc.etc. but come on. The book is at 15 bucks and there is 2 bucks in cash in the coffers. Any price below 5 has to be a steal. I bought 1/2 a position at 5 1/4 and if....if they drop it again I'll double up. The time to buy is when blood is running in the streets.....well...I think it's runnin. Good luck. I hope you are right near term. DH

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