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...