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: Gary Burton who wrote (42240)	4/15/1999 10:06:00 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

PGO....... sitting at 12 1/2; 12; 11 1/2; 11; 10 1/2 - and each buck down to zero if need be (VBG) ! --- this is ''not'' unforseen'' news imho - reports have been mentioning 1H weakness, chgs, and the FPSO delays/costs are old news and PGO released an updated PR this a.m. on the FPSO's - anything under $12 1/2 - average in as one sees fit; fwiw I trimmed some at $13 3/4's - anything here is gravy - and if todays weakness continues; PGO today will become the largest single holding I've ever had fwiw... a lot more to this story than what is out there this a.m. - a classic sell now - and reseach/ask questions later reaction this a.m. - and a cooresponding buying opp of the quarter imho. $20 by year end is a gimmie = 75% retrun from $12 ish - see you all there...... and $30 in 2000 - bank on it. - now the single best buy in the patch - risk/rewardwise in the sub $12ish range. I'm praying for $11 again ... ...now some dancing going on - there are buyers on PGO - bid's rising to between bid & ask to get filled - I like that....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next