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Gold/Mining/Energy : Ultra Petroleum (UPL) -- Ignore unavailable to you. Want to Upgrade?


To: upultra who wrote (4535)12/10/1999 9:23:00 AM
From: shalom  Respond to of 4851
 
My gut says it will be wait and see news....
I have not seen UP down below $1.00 as it was yesterday.
This makes me want to bail out - jump ship - and eat
my loss. I've been watching it slowly and steadily
go down for a long time now. I'm quickly losing any
hope for this company. Can someone convince me otherwise!!...
in spite of the warm weather we are having.
Merry Christmas everyone -



To: upultra who wrote (4535)12/10/1999 8:06:00 PM
From: ISPYOIL  Read Replies (1) | Respond to of 4851
 
Turn Out the Lights, David, this party is over.



To: upultra who wrote (4535)12/14/1999 6:08:00 PM
From: A. Wayne  Read Replies (2) | Respond to of 4851
 
Here's my take on the current price drop. So many people like me bought this stock at $6 Canadian that they are selling it now to generate huge tax losses to offset those great gains they made this year in their technology stocks.

If I wasn't so gun shy now, I'd buy here around $1 because it will probably regain that drop thru the winter months.

Just my opinion. Hey, I might even be right one of these days.

My Dad (who I talked into buying UP at $6), wants to sell and take losses to offset gains. I can't bring myself to do it, just because I think that is what has depressed the stock price. And, it just seems to be throwing the stock away to sell it for a buck.

So, I'll probably give it another year to improve.

Wayne