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


To: Think4Yourself who wrote (61670)3/7/2000 1:12:00 PM
From: SliderOnTheBlack  Respond to of 95453
 
...and who called $40 crude I ask (VBG) ?

Remember the promise of revenge back at $10 Oil from the Saudi Shiek ?

... it's a comin~

I think $30 Brent is THE bottom/floor of OPEC's "real internal price targets" fwiw...

Anyone seen any proprietary research on what the API storage #'s and crude prices will do if OPEC only moves 1 M boe ? - $40 baby....

$3+ NG
$40 speculative peak - $28-32 sustained crude
$2.25 peak and $1.85 sustained at the pump for gasoline

Boom 2000-2001

If you really want to get bullish - read the news link on the Reuters Wire yesterday from Deutsche Bank on KMG; they revised earnings upward .50 cents AND talked about the huge accretive nature of their recent acquisition which could make their earnings going forward look like MT. St. Helens.

KMG screams thru $70 by May 1st imo. - $95 price target will also be seen by year end = a double,or 4-bagger on margin...