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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Robert T. Quasius who wrote (48497)7/27/1999 11:45:00 PM
From: CommanderCricket  Respond to of 95453
 
I'm long TMR, TEXP and very Long MEXP. I have some concerns about TMR but will stay the course.

I have traded more in the last two months than I have in two years. I couldn't make up my mind between my favorite stock FLC and the small E&P's. After the anouncement from MRL about no earnings until 2000 or later, I'm giving up on the drillers for awhile.

Were quickly coming into fall/winter and NG demand will outpace supply.

I promised myself to hold TMR, TEXP and MEXP until this fall, than re-evaluate. We'll see how long I can honour that commitment

BTW: Made a nice 50% flip in EGEO, hate the stock though.

Regards,




To: Robert T. Quasius who wrote (48497)7/28/1999 10:03:00 AM
From: Think4Yourself  Respond to of 95453
 
It should get very interesting in the next few weeks for the small E&Ps. Lots of folks in cash now, knowing these volatile stocks can take off on low volume. When the obvious institutional interest arrives, we will have short covering, institutions, and small folk all competing at the same time. As in the past rallies we will go up hard and fast.

I expect to see lots of posts from folks saying: "well I missed the boat on the stock I wanted, but was able to pick up a (crappy) stock at a reasonable price."

Interestingly, the price for NG has not retreated much as the weather has cooled.