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To: ChanceIs who wrote (73952)10/27/2006 10:14:58 AM
From: CommanderCricket  Read Replies (1) | Respond to of 206151
 
I've been out of the OS stocks for a long time (with exception of an occasional quickee trade) but now taking a deeper look.

The deep water drillers are getting little respect. Looking to buy GSF, RIG or DO (or perhaps the OIH). May just buy some LEAPS and be done with it. LOL

BTW - when is XOM going to do something with their cash? At $10 billion a quarter, its adding up fast....

Pruchased another 5k shares of NTO this morning. Shake, bake and hold until next year.

CC



To: ChanceIs who wrote (73952)10/27/2006 11:41:54 AM
From: Claude  Read Replies (2) | Respond to of 206151
 
I'm a newbie here as I'm been in O&G for less than 2 years but I think that folks talking of 5 dollar prices on NG are not looking at the fundamental situation we have here in N.A. I think NG went as low as it did because they were affraid of full storage - thats it. Now that we know we won't overfill storage I don't see ANY reason why prices would drop back to 5 - at least not until the spring shoulder.

But like I wrote - I'm a newbie - so WDIK.