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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (41677)4/6/1999 4:06:00 PM
From: AltLar  Read Replies (1) of 95453
 
Slide,
Could you please explain why you think the FGI shorters will wait to cover 'till $18? It just seems to make sense to cover when it is low. Esp. since the price of oil has recovered and a general oil service sector recovery looks to be more likely than it was when they originally shorted.
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