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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (3958)11/14/2001 12:25:37 PM
From: BSGrinder  Read Replies (2) | Respond to of 36161
 
I have played SWC for years, but I think the recent drop may be a value trap. John Doody of Gold Stock Analyst just dropped it from his recommended list, referring to the latest earnings report as a "bombshell." He notes that they will need more financing because of the drop in the prices of Pd and Pt, and refers to them as a "gang that can't shoot straight."

Just wanted to let you know of another point of view.

Personally, I've never seen anything good come out of companies that announce that they "are examining their strategic alternatives."
/BSG