Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Tulvio Durand who wrote (49528)	8/19/1999 1:48:00 PM
From: ItsAllCyclical	Respond to of 95453

I'd say RRC has anywhere from 50-100% upside in the next 90 days with 20% downside potential in a really bad market. I'll take those odds...

To: Tulvio Durand who wrote (49528)	8/19/1999 2:24:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Anyone liking XTO here ? its seen $15 twice in 12 mos. Just like RRC - XTO is a retrace off a substantial recent high - both have 30%+ in merely retracing - finding support here... RRC has a more quantifiable story - CEO pounding the table saying - ''we will have substantial Q3 upside in cfps etc/ hedges coming off - stepping up drilling... Deutsche upgrade etc. XTO - made this recent acquisition - in which some think they paid too much - not really... their CEO - Bob Simpson is solid as a rock - one of my fav's from what I see, read etc... he is posied for some huge upside if we see nat gas move this winter... this has seen $20 and $15 twice in 12 mos = nearly 40% in merely retracing to a recent high... I like it... Too many opps - too little money.... Okay - I will mention a longterm OSX play - VTS; also FLC - 40% in here - buy heavy on a retrace, or on fundamental moves in rig counts, dayrates... also, anyone following my old buddy OMNI ? - the laggard.... they are in the shallow water / transition zone - seismic drilling-prep work - lots of potential to share in the nat gas upside coming soon - they can NOT move if the RDC's ESV's & land drillers are deserving of their moves... looks like a laggard buy to me as well - but may take some time.. so a good buy & hold...imho.