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


To: TrueScouse who wrote (9688)3/21/2002 6:57:52 PM
From: Frank Pembleton  Read Replies (3) | Respond to of 36161
 
Howy, the lack of liquidity sucks - it's my reason no.#1 for not holding it, but I will agree that it's such a good value play no one will part with it - insider selling is practically none existent. Reason no.#2 - SWG moves with the broad markets, it has a positive beta. Reason no.#3 - this company also has an identity problem, is it a copper and zinc play or is it gold and diamonds? Reason no.#4 - I fear this stock will sit motionless while the market drops and POG rocks, I really don’t like the idea of the POG outperforming the extra risk I took to hold a stock.

Regards
Frank P.