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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Razorbak who wrote (3246)7/30/2001 2:51:17 PM
From: Tommaso  Read Replies (1) | Respond to of 206108
 
That makes it easy: You buy 10,000 shares and short 10,000. It's a no-lose situation! <g>



To: Razorbak who wrote (3246)7/30/2001 5:55:01 PM
From: Ed Ajootian  Respond to of 206108
 
Thanks for reminding me that my own investing philosophy is leaking out too much here.

Obviously, folks may also see this stock as a good diversification vehicle, or maybe even a good hedge on a short position in other natgas stocks. If natgas prices hold up these little hype stocks will probably go up more than the shortable natgas stocks.

I also like Greka a lot, especially for their California play.

Notwithstanding the pervading mood here, there's still plenty of money to be made with long positions in energy stocks -- but only special situations now.