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Gold/Mining/Energy : Swift Energy (SFY) -- Ignore unavailable to you. Want to Upgrade?


To: FloydP who wrote (991)4/13/2000 1:32:00 AM
From: PuddleGlum  Read Replies (1) | Respond to of 1602
 
Floyd-
I'll bet you're loving this, my friend. I just told my wife how many shares you have and she figures you'll be a millionaire very shortly. With SFY only, of course, since you're already there I'm sure. She has hated this stock for years and only recently she let me buy some in her IRA.

I funded my Roth IRA for 1999 just last week, and used the money to buy SFY at the open this morning. Yeah, only 110 shares with the new purchase in what was already the largest holding in my IRA, but I figure I can hang on until this stock hits $50 or $100. Yes, I'm throwing out some "fantastic" numbers, and there's certainly a lot of wishful thinking in them, but I couldn't think of a better place to put my $2000. Anyway, SFY just gave another point & figure buy signal when it hit 19 1/2 today.

Regarding earnings, I wonder how they account for the cost of the seismic shoots? Perhaps that will drag down the earnings a tad. And did you notice in the Yahoo research area that analysts are expecting lower earnings in 2001 than 2000? Those numbers will likely change very soon says I.

Now, if we can only get Pro CO2 to start posting here perhaps we can keep you and Mark from straying away from home.

pg