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

To: SliderOnTheBlack who wrote (58525)1/14/2000 3:40:00 PM
From: Jon Cave  Read Replies (1) | Respond to of 95453
 
If I was short FGH right now, I would be very vervous with oil going thru the roof and the OSX setting new 52wk high<G>. A 5 to 10% move could easily get the shorts to cover and whola we have a $7 stock very quickly.



To: SliderOnTheBlack who wrote (58525)1/14/2000 3:52:00 PM
From: Now Shes Blonde  Read Replies (2) | Respond to of 95453
 
@ what price of oil do drillers prioritize oil vs NG ?
Today we have had $28 oil and OPEC talking about another 6 months of production cuts from March; now what happens if the drillers decide to drill a higher % of oil wells vs NG wells ? Is this a possibility ? And if it is, is this not bullish for NG ?

MDR up smartly a 20600 shares block @ 4:00 for 10 3/8


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