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


To: SliderOnTheBlack who wrote (48816)8/4/1999 11:49:00 AM
From: ItsAllCyclical  Respond to of 95453
 
Slider (TMR) - I thought we're supposed to buy before they upgrade? (VBG)

1) Blowout quarter
2) Estimates will be raised (near term and long term) - Look at the ave prices TMR received during the quarter compared to current gas and oil prices.
3) Gas/Oil prices trading near high range
4) Well has been capped
5) 50% retracement from recent highs (6 back to 4)

I think an upgrade will be coming, but it may not come until TMR is back to 6...why wait?

I agree with your strategy about rotating too thought between various laggards.

BTW - Anyone know TMR's gas/oil mix % from revenues. Just casually glancing at the earnings report and web site it's not readily apparent.