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


To: isopatch who wrote (5601)12/19/2001 4:14:05 PM
From: gold$10k  Read Replies (1) | Respond to of 36161
 
Isopatch,

Thanks for the reminder about the NG E&Ps. It looks maybe a week or two early, but soon. I'm working on my tendency to be early... now watch me miss the boat <g>.

Took partial profits in BAY, GBG, and NGT, but rotating those profits and still loaded in a dozen others.

Happy shopping,

vt



To: isopatch who wrote (5601)12/19/2001 8:52:49 PM
From: gold$10k  Read Replies (1) | Respond to of 36161
 
Hi Iso,

I am looking over my NG E&P list from a while back consisting of CRK, EPEX, PQUE, BR, NBL, EOG, FST, RRC, XTO, TMR, and CHK, and was wondering what criteria you are using for your selections. I am not sure how to go about valuing reserves, so I just made a chart listing P/E ratio, P/B ratio, debt to equity ratio, current ratio, and the percentage gain if the stock were to return to its 52 week high (your 3 picks were all over 100%). Any guidance would be greatly appreciated.

Best,

vt



To: isopatch who wrote (5601)12/20/2001 10:35:16 AM
From: gold$10k  Respond to of 36161
 
Iso,

Bought 1/2 position in CRK @ $5.92... now watch it go back to $5 (so I can buy the other half) <g>.

Regards,

vt



To: isopatch who wrote (5601)12/20/2001 12:05:19 PM
From: gold$10k  Read Replies (1) | Respond to of 36161
 
Bought EPEX @ $4.50 <eom>