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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: Michail Shadkin who wrote (2951)6/27/2001 10:41:07 AM
From: Bocor  Read Replies (1) | Respond to of 6873
 
MENT: check out the fast stochastics on that one, lol



To: Michail Shadkin who wrote (2951)6/27/2001 11:51:44 AM
From: rupers  Respond to of 6873
 
OLOG got a strong recommend yesterday by small cap funds manager on CNNfn yesterday. Called this one a "double down" investment (she picked it in May on CNNfn and it went down since).



To: Michail Shadkin who wrote (2951)6/27/2001 2:40:24 PM
From: chowder  Read Replies (1) | Respond to of 6873
 
Michail, I want to thank you for your generosity on this thread.

I want to comment on OLOG. I don't own it, haven't even looked at it, but you said >> big fall on no news recently <<

Actually, all oil and gas related stocks have dipped recently because of weakening oil and gas prices.

Offshore drilling projects are being put on hold until energy prices settle down. Inventories are increasing at incredible rates. The fundamentals are weakening in the energy sector. A look at a chart of the OSX and XNG will confirm those weakening conditions.

OLOG may be a good play, I don't know. But I think its share price will suffer with the sector.

Good luck,
dabum