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


To: Razorbak who wrote (69077)7/2/2000 7:16:23 PM
From: Taylor Mill  Read Replies (5) | Respond to of 95453
 
Razor

Happy 4th!! 2nd and 3rd too.

What's your thoughts on the delistng play (AIPN) at the moment? I had a big limit order in to buy in to the delisting at 9/16 but didn't get filled. Now, the company has released depressing news last Friday -- my thoughts are to wait and look for a lower ask while still expecting the P&D to arise before the delisting process is over. In other words, I agree with you that it will happen but it looks like more downside here first. Any thoughts??

Meanwhile, I have some regrets about selling off part of my holdings in CHK and XTO, but have done well buying back OEI for a profit and also have sold 50% of my OIL position. I am hanging on to all drillers -- FLC, NBR, NE, PTEN