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


To: kodiak_bull who wrote (15529)12/5/2002 7:32:41 PM
From: CommanderCricket  Read Replies (2) | Respond to of 206184
 
KB,

You may very well be right, infact, in hindight, you are, however this is my spin.

EP didn't retest the low of $6.40 from yesterday and some buyers did show up today.

stockcharts.com[h,a]iaclyiay[pb10!b50!b200!f][vc60][iut!Ub14!Lh14,3!Lf]&pref=G

I like EP's position as a NG producer and pipeline company with lots of valuable assets but hate the debt. EP is also a "headline" stock with much of the bad news already out. What happens if they settle with California and they might. The FERC by delaying a judgement until March seems to be hinting at wanting both sides to settle their differences.

Consider me a ST contrarion indicator.

As you say, I'm gambling with money I can afford to lose.



To: kodiak_bull who wrote (15529)12/5/2002 8:26:53 PM
From: LGO  Respond to of 206184
 
kb,

With the dividend cut for EP on the horizon along with all their other problems, I can't see EP doing anything but drifting lower.

Weekly chart says 5 is on it's way.

Jim