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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?


To: jrhana who wrote (1520)2/1/2008 11:06:39 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 3862
 
Thank you for all of your hard work on ESA. I just wish that we could do something to get the stock moving upward.

I have always had a weakness for small oil and gas plays. During the late 70s when the Shah fell, I made a lot of money on the small oil and gas companies. Petrol Industries (from $2 to $19 in less than a year) was a grand slam. I also bought Helmerich & Payne at $2 per share and sold it in mid-50's. That took 20+ years.

I remember when the weekly rig count peaked at 3,200, before falling to 900. It is currently at 1,763. Some good stuff here:

bakerhughes.com



To: jrhana who wrote (1520)2/3/2008 12:20:41 PM
From: jrhana  Respond to of 3862
 
An outfit named ShellStockReview had some kind words about ESA the other day:

<Reporting on Shell Stocks, SPAC's, Reverse Mergers, and the Alternative IPO Market since September 2000.....

ALERTS

ESA - Energy Services Acquisition Corp. (AMEX: 5.74 x 5.82): Reverse Merger 01/24/2008. SEC Filings.

EDITOR’S NOTES: from their SEC filings, they entered entered into an Agreement and Plan of Merger to acquire S.T. Pipeline, Inc., Clendenin, West Virginia. S.T. Pipeline is a company that began business in 1984 and converted to its current structure in 1990. It was founded by Jim and Sue Shaffer. The company is engaged in servicing the oil and gas industry primarily through the installation and repairs of pipelines. The company has an excellent record and reputation in the business community. Mr. Jim Shafer from ST Pipeline said that he "was looking forward to the opportunity to align his company with Energy Services, which he felt would provide his company with a strong capital position that would enable ST Pipeline to continue to grow and expand to meet the needs of its customers.">

Found wandering around Investor's Hub (an a biannual visit)

siliconinvestor.com