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


To: BigBull who wrote (60913)2/25/2000 10:55:00 AM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
I follow a portfolio of 30 oil stocks and 23 are flat or down (delayed) at the moment.

Just venting here. I know long term the current prices are fantastic but not sure how much lower the sellers can take it. I am on margin and close to a margin call. Another week like this one would not be good for my financial health.

Also mad because I have no ability to buy here. I am jealous of Slider getting more cash. May try to do the same this weekend.

The EnP's are missing a fantastic opportunity here IMHO. They could be buying their stock here and selling it later this year for a return they can't possibly make anywhere else. Guess many of them aren't managed well enough to be able to take advantage of this rare opportunity. When the 10Q's come out for this quarter I will be looking for companies that were intelligent enough to be buying their stock here.