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


To: Yogizuna who wrote (1361)12/22/2000 10:33:05 AM
From: PuddleGlum  Respond to of 1602
 
You're quite welcome.

Only two of my holdings are in the red today, and SFY is one of them. I sincerely wonder if the convert is behind all of this under performance, because the institutions aren't dumb and some of them would be buying right here if they still thought the stock was undervalued. It pays to be a bit paranoid.

As a poster on Yahoo noted, suddenly we have a lot of nice gas finds, so maybe someone has figured out how much gas is out there ready to be hooked up to the pipelines. As for me, I maintain that significant declines in product prices are already priced into the stocks, so I bought some CHK yesterday and I could easily be convinced to add to my SFY position.