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: SargeK who wrote (59905)2/7/2000 7:46:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
o/t Ahh Come On Now; SargeK/Deep Water Explorer-now I smell a RAT !

"The Street Advisor" link you gave ?

C'Mon - the guy trades for "his own account" - stocks he "highlights" ? re:

streetadvisor.com

<<Rick is an analyst with StreetAdvisor.com. He actively invests in individual stocks for both personal accounts and client accounts. At the time of any writing, Rick may be long or short companies mentioned or alluded to.>>

Then - to beat that ! - first here are his initial comments on FGH:

<< JAN 12 2000: With forward earning power of more than $1.00 per share, we project a target price of $10, as compared with the current price of $6.>>

Keyword - "forward earnings power"

now mere days later on Jan 19th - he says:

<<We believe that at current prices, the stock is undervalued relative to its leading position and earnings power (over $2.00 per share) from deep-water rig construction orders that are likely to be received in the current drilling recovery. We reiterate our purchase recommendation with a target price of $20,as compared with the current price of $7>>

So in one week - on no earnings/10 Q news etc; with the disposition of "unknown assets" pending - the "EARNINGS POWER" of FGH "DOUBLED" in a damn week - from $1 to $2 !?!?! Not to mention the target price now "doubled" !?!?!?

hmmm; when the stock looked to be bouncing the earnings power was $1, but now that it is tanking (giving up all the gains to those traders who did not sell (VBG) - it's now miraculously "doubled" its "earnings power and its target price" ?!?!? - ROFLMAO !

... sounds like more HYPE-SPAMWICHES to me ! - just a different wrapper !

... a rose by any other name ~