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: SliderOnTheBlack who wrote (51690)9/23/1999 11:00:00 AM
From: IndioBlues  Respond to of 95453
 
GLBL and NE added to GoldmanSach's Recomm. List <eom>



To: SliderOnTheBlack who wrote (51690)9/23/1999 11:05:00 AM
From: ItsAllCyclical  Read Replies (2) | Respond to of 95453
 
>> ....anyone "still" got MEXP ? ... per the Yahoo Baboon post- looks like perhaps none of the Institutions, or Raymond James will shortly ???? <<

A little extreme perhaps?

MEXP would be better off without your commentary good or bad. You've mentioned many times how we need to get the short term traders out of MEXP so it can resume it's long term uptrend. You also mentioned how MEXP need to be locked away and not traded. What a joke. Seems like the only "trader" we need to get out of MEXP is you...



To: SliderOnTheBlack who wrote (51690)9/23/1999 11:15:00 AM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
MEXP IS dropping hard on light volume. Almost down to my average purchase price (the sky is falling!). I will start to rotate funds back into MEXP if it gets down to 1 3/4 (the low of the last 3 months). On that day I did HEAVY buying and figure I saved it from going even lower. Same stupidity was rampant on the Yahoo MEXP thread that day. This time I may let those idiot sheep get fleeced. Their loss is my gain.

The stupidity of the analysts in this industry amazes me. Here we are at the end of the quarter and they have not even started to ratchet up the earnings expectations of the small EnP's they made months ago. Even if oil goes to their predicted $5 per barrel today, most of the EnP's are going to blow away estimates. Only thing I can figure is that they aren't done buying.

Good reasons for the small EnP's falling. Look at all those earnings warnings - NOT! Look at all the analysts reducing estimates - NOT! Look at all the companies who are going to report low earnings due to depressed oil prices - NOT! Look at the above average temps accross the country - NOT! Look at all the sheep panicking because they are not being given guidance.

Has ANYONE come accross ANY earnings warnings from ANY EnP's?? PT Barnum was wrong: There is MORE than one born every minute.