Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (58706)	1/19/2000 12:01:00 PM
From: Think4Yourself	Respond to of 95453

re: NG prices. On an equivalent energy basis, NG prices are barely ONE HALF oil prices. They have a long ways to climb yet.

To: SliderOnTheBlack who wrote (58706)	1/19/2000 12:08:00 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

Slider, I had heard of LD, but didn't realize they were over the 500 mil market cap threshold. Technically NBL, XTO, LD, PXD are all pretty similar here. Fundamentally all are some of the cheapest large cap E&P's. Again we're talking shades of gray. All will do fine over a 12 month horizon. Short term I'd put my money on PXD and NBL. PXD broke it's 50 dma yesterday and will probably challenge it's 200 dma soon. NBL is close to breaking. LD and XTO are still testing/consolidating imho. At this point I'm going to stick to what I know. I feel pretty comfortable trading PXD now. At 9 1/8 it's a steal. Starting to dable back into small cap land too. On a debt/safety basis LD and NBL look quite good. My biggest regret so far is that I didn't overweight VPI in my portfolio. I have a sizable core position of VPI for the long term, but I wish I would have bought more Jan 10's for trading. Thank you for bring LD to my attention. It's on my watch list now. If it pulls back to 16 I'll certainly buy. I haven't heard you mention PXD as much. Are you done accumulating or have you been selling into strength to play other E&P's?