SI
SI
discoversearch

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


To: fp_scientist who wrote (1167)9/9/2000 1:05:13 AM
From: PuddleGlum  Read Replies (2) | Respond to of 1602
 
Everybody!!! Enough sniping on this board! We're here to talk primarily about SFY and to bring up other companies as they relate to SFY. Occasionally we also share ideas about some other stocks. We had a cadre of fewer than 10 posters here for awhile, and now we've added some more with the NZ excitement so we need to be careful with criticism and make sure that we have thick skins as well.

So, regarding OIL, I checked the chart and found a 12-month period where it rose about 400%, and it approximately doubled in less than 12 months after that. If you consider that SFY was near $10 at the beginning of this year, shortly after the first Rimu well was drilled, then a 400% gain puts us at $50. Nearly there already. Now, given the current reserves 400mmbls will give SFY quite a kick. True_Truth ran thru some analysis on the Yahoo thread that's worth looking at: messages.yahoo.com

So, $100 in 2 years is not unreasonable.

The stock held up well today. Most e&p's fell more than we did.

pg