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Gold/Mining/Energy : PETD Petroleum Developmant-- Oil / Natural gas -- Ignore unavailable to you. Want to Upgrade?


To: Robert T. Quasius who wrote (660)9/13/1999 11:08:00 AM
From: Feraldo  Respond to of 688
 
I would agree. I think Friday was Ed's worst possible day to sell PETD. It's only up from here.



To: Robert T. Quasius who wrote (660)9/13/1999 8:54:00 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 688
 
Robert,

Based on todays action you may be on to something!

IMO the stock is entering dangerous territory at these prices, significantly over its risk-adjusted break-up value. CK Cooper pegs RABUV at $4.78 a share.

In any event we will all make some serious coin in the coming months, in the oil patch.

If this stock really goes idiotic at this point and hits $7 before they release 3Q numbers, I will seriously consider it as a short candidate, to hedge against a warmer-than-normal winter.

Best of luck to all PETD fans!