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


To: SliderOnTheBlack who wrote (48854)8/5/1999 9:00:00 AM
From: ChanceIs  Respond to of 95453
 
EPEX Reports $0.03 Loss - They hedged their gas prices and wrote down a dry hole. Also their major LA project now won't reach total test depth until October. Certainly not the type of news I was expecting.

biz.yahoo.com



To: SliderOnTheBlack who wrote (48854)8/5/1999 9:04:00 AM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
??? Anyone notice any strong Insider Buying in OSX/E&P's since May ?

...I'm curious as to if we've had any driller, service, or E&P companies have any serious-substantial insider buying during late Q2 into Q3.

There was substantial activity in Q1 - when we were at the bottom; anyone noticed anything significant in Q2-3 here of late ?

Ideally I like to see multiple buyers - and buys in proportion to the stocks market cap & substantial in proportion to the insiders present holdings... a $100K buy by a VP in a small cap E&P is significant, but 2,3,4,5 exec's all buying $20K in a $3B mkt cap co (when they make near high 6 figure -near 7-figure salaries) is not so significant....