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


To: BigBull who wrote (57480)12/28/1999 2:09:00 PM
From: Richard D  Read Replies (1) | Respond to of 95453
 
Yes, PTEN is moving quite well, actually picking up momentum with each day. This stock has been wrung out. Most margin players and weak hands were zapped, and now the strong hands hold (and buy). If Pisani's report is correct (that the rumor on the floor was that oil service is the new sector to rotate into, due to earnings growth, oil prices, etc.), PTEN may make it through 16.75, its 52 week high, sometime this winter, if not this coming January.

What's up with Yahoo message boards? PTEN's board is mostly stuck a few days back, though occasionally it prints up to today. A few others are like that, though RIG's seems to be working. Y2K anticipation I expect <g>.

Regards,

Richard