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


To: CommanderCricket who wrote (73981)9/20/2000 4:57:49 PM
From: ItsAllCyclical  Respond to of 95453
 
>> What about those land drillers? PKD and KEG didn't do well today. <<

So what's your point? I don't care about the two drillers you happen to own.

Let's look at this issue in more detail:

1) KEG and PKD don't trade with the land driller group as far as I've noticed. PKD is too diversified and KEG is known more for workovers.

2) I didn't say that ALL land drillers did good, merely that as a group they didn't fare as bad as other OSX stocks.

3) UNT, UTI and PTEN were all up today. PDS didn't lose much.

I think this shows the streets desire to own this subgroup. This has been clear to many for some time, but it's always good to see this confirmed by the trading.

If we do get a blowoff (irrational selloff) short term in the OSX this is one area I want to load up.