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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (38815)6/16/1999 11:42:00 AM
From: Joe Copia  Read Replies (3) | Respond to of 122087
 
CUST was sold this am @ 35 1/2. shoulda sold double my position.



To: Anthony@Pacific who wrote (38815)6/16/1999 9:37:00 PM
From: okey  Respond to of 122087
 
From the Pink thread...thought I would post here as this company was mentioned and I am very short for these reasons....

Yes, Surelock....I am also following Charger. CHC on Alberta is completely overpriced. over 25 million sh's out f/d and 25 BOE/D in production. Yes that's 25 BOE's ($150,000,000 M-Cap). There are two wells being drilling in Texas, one is very wet and the 20,000 foot well is having lots of problems. I made contact with a colleague in TX and the operators of both wells are business associates of his and also friends. The operators said that they have sold off their own positions and given the conditions of both wells advised to do the same. So what does that tell you. I am short between $6.40 and $6.05 and think this is barrel shooting IMO. I am not sure if Mr. P$nk and the rest like these lower priced Canadian deals, but I think its one of the easier pokes out there. Coupled with the fact that the principals have very spotty reputations.