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


To: Robert T. Quasius who wrote (1430)4/3/2001 12:48:37 AM
From: PuddleGlum  Read Replies (2) | Respond to of 1602
 
I agree with the folks on the other thread, that this deal sounds like a winner. There are quite a few interesting wrinkles to this one, including the fact that this is another mostly-oil play. As Truth mentioned, it also looks like a smaller version of the Master's Creek acquisition. And, it's right down SFY's alley as far as the type of deal that they've been successful with in the past.

With regard to chart patterns, I don't see anything particularly negative at this time unless the stock hits $28. A move up to $34 would be very encouraging. I didn't have time to place an order today, and probably won't do so tomorrow. I've done too much bottom feeding lately, and my stomach is upset as a result.