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To: CpsOmis who wrote (61928)3/10/2000 1:26:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
"Q"/anyone else - ready to buy back some RRC (VBG) @ $2 ?

... You know it amazes me; buy at $1 15/16 - $2ish and if you sell at $2 3/4 - $3 because the technicals turn - taking and locking in a nice little 40%ish trade - then re-buy at $2 again here - that makes you a "pump & dumper" on the Yahoo Network & for at least one other poster here...

Funny thing; where I come from that makes you a good trader ?

Sitting at $2 1/16 here and $1 7/8ths to buy back what I sold and maybe more at sub $2 for a trade. We are seeing classic individual investor capitulation and some stops being run - no major big blocks - not 1 Million shares etc - amazing.... it's a cheap $2 option/bet again on "Bankruptcy" - unlikely; or $5 for the patient in 15-24 mos... I like the 2.5:1 odds...

Bought TX P UCL OXY today - love these biggies... hope P buys ARCO's Alaskan properties...

DO is interesting - the valuation gap between it & RIG is very, very wide - DO will close that a bit & looks to be the cheapest driller along with FLC imho...

FST & BSNX look like the best laggard buys in E&P land - everything else has moved nicely.



To: CpsOmis who wrote (61928)3/10/2000 3:37:00 PM
From: SargeK  Read Replies (4) | Respond to of 95453
 
CPS Anus: "I think your credibility here is approaching ZERO.........."

"Yeah, Sarge, but you were telling us to buy around 13 bucks, and now we are around 6!"

Thanks!

POST ONE MESSAGE WHERE I said to buy @ 13. AFTER accumulating FGI last Spring and making distribution in the Summer, I began to acquire HLX FOLLOWING announcement of the intended merger. I converted over 18k shares of HLX accumululated in the low fives into FGH at the conversion factor of .57 I have successfully traded a small number of shares since that time and acquired more shares to lower my average share price, which as of last week was 7 7/16. If YOU or the MOUTH can PROVE otherwise, DO IT, or shut the `$#@^* UP!

Have a good day!

SargeK