Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: sportsman who wrote (71998)	8/30/2000 9:03:00 AM
From: Think4Yourself	Respond to of 95453

The O/S stocks were way ahead of themselves and the insiders knew it. Their earnings stunk yet everyone was in a buying frenzy. They even told everyone that good earnings were a ways away. Many didn't bother to listen. E&P's were the exact opposite. They were raking in the cash but folks were thumbing their noses, saying the O/S stocks were the place to be because the producers had to spend all that money (and more) on drilling. Read as far back as February that managements of producers didn't understand why investors weren't interested in them, and that they were buying their own stock. Many ignored these calls to the feeding trough. If insiders are getting great stock/options deals and still buy their own stock, so will I.