SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: Captain James T. Kirk who wrote (48823)8/4/1999 12:19:00 PM
From: Big Dog  Read Replies (2) | Respond to of 95453
 
Gotta like that PKD today. One of the biggest movers - up more than 10% today. I think they have solved their liquidity problems and are getting rewarded.

Boom 2000...I hear the footsteps.

big
atoffshore.com



To: Captain James T. Kirk who wrote (48823)8/4/1999 12:31:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
BEXP - imho; buy it NOW for the bounce play !

... post earning release sell off... imho; a 10% overnight bounce play (1-3 days) and a 25% short term run. $2ish is a buy - $2 7/8ths a profit taking point - let some run if new drilling results lead to a breakout over $3 - these guys have a couple of biggies to drill - looks real good here imho.

... I don't own TMR here, (yet) but, taking TMR profits +10% & buying the BEXP 10% retracement would be an immediate 20%-30% pop imho... in a day, or two. This is trading - not for eveyone - but folks, there have been so many of these - that not sounding arrogant; but how can someone who does this for a living, gets to meet CEO's - get's the phone calls first, has people (scouts) as well sites etc - and not get RICH ?!?!?! or at least beat the hell out of the sector averages... Again, these sub $5 stocks are the individual investors advantage , many funds simply can not play them... and these are NOT wildcat high risk - one well wonders; these are really conservative, workover, 75%+ drilling success development plays !

We may see a period here, where those who get a little luck; can triple their capital this year in the Oilpatch... some folks could get rich on these micro's, even OSX laggards...- and again; this isn't Wildcat well drilling here !

I wonder what the returns were on leveraged plays on crude futures from the $10 to $20 run.... has anyone seen, heard any stories on anyone making a few ''Mill'' on playing energy futures ? Big - any industry talk on that ? I remember that Rainwater was long near the bottom... the leverage possible in futures is huge... gotta be some great stories...