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


To: GREENLAW4-7 who wrote (33993)7/31/2004 8:36:32 AM
From: quehubo  Respond to of 206327
 
Okay Greenie, how about periodic outbursts of positions that are poorly supported. Sorry to hurt your feelings.

I am not disparaging your position, just that it has been the same one since OSX 70 and you have been wrong on commodity prices and OSX direction. You have made 9 bearish rants for every one where you joined the primary bull trend.

I see NBR PTEN PDS trading at 17 times 2005 eps.

I see MVK NSS LSS trading at <10 times 2005 eps.

I see the service leaders BHI WFT SII BJS NOI, etc trading at 22 times 2005 eps.

There is inadequate supply of oil in the world and NG in NA. No doubt there will be tradable dips, but by this time next year I expect these stocks will be trading at higher prices off of higher earnings expectations in 2006.