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Gold/Mining/Energy : UFAB - oil drilling deck fabrication

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To: SargeK who wrote (297)3/20/1999 8:36:00 AM
From: SargeK  Read Replies (1) of 337
 
Absent Demand the MMs can BUY CHEAP!

--and so can you. Hell, if you can't beat 'em, join 'em!. I added more shares @ 71/2. Investors that sell a 'growth' company at these levels in this very positive emerging sector environment are throwing money away. Great! I am here to catch as much as I can.. The low volume provides strong evidence that there is no panic selling.. A few traders taking profits following the 30% run-up and a few longs attempting to play the spread. Good luck! That is what makes the market. I'll just keep accumulating the dips in UFAB with bucks generated by the VTS run-up, for example.

Since my last recap on UFAB, crude prices have sky-rocketed providing strong support to the 30%+ growth forecasts by the analysts. I am happy to be wrong with my more modest prognostications of an anemic growth of only 20%+ over the next five years.

K
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