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

To: diana g who wrote (46688)	8/11/2005 3:18:43 PM
From: James W. Riley	Read Replies (1) \| Respond to of 206131

Diana, I listened to the XEC, CC also and formed the same opinion so I bought back my shares that were stopped out at $41.30. I'm willing to hold for a while until they get their act together . Market Edge, Second Opinion Weekly, still has this stock rated as a STRONG BUY. Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend. Chart pattern indicates a Weak Upward Trend. Relative Strength is Bullish. Up/Down volume pattern indicates that the stock is under Accumulation. The 50 day Moving Average is rising which is Bullish. The 200 day Moving Average is rising which is Bullish. Also bought back my PTEN shares. Lost those while I was away from the market for a few days. Kicking myself for not buying more RRC during the last pull-back. Some people think this company will be bought as they have very large reserves.

To: diana g who wrote (46688)	8/11/2005 4:37:11 PM
From: James W. Riley	Read Replies (1) \| Respond to of 206131

Talk about the luck of the Irish, bought my XEC at $40.96 and a short time later Cramer bought at $41. and started pumping the stock. Stock closed at $42,32. Sorry Diana but you should have played your hunch. "Thursday, August 11, 2005 1:15 PM EDT I know that Cimarex Energy is already my largest position at 6.8% of the total portfolio. That said, at $41.00, the stock remains down more than 4% from where it was before the oil and natural gas explorer reported solid second-quarter earnings on Monday. Cimarex's purchase of Magnum Hunter effectively doubled the company's E&P operations, and I believe the stock is very inexpensive -- relative to its peers -- at just 10 times expected full-year earnings of $4.09 a share. With that in mind, I'm going to purchase 500 XEC shares after you read this, giving me a total of 7,000. Cramer