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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: taLuis who wrote (7141)1/8/1998 5:26:00 PM
From: Thean  Respond to of 95453
 
Luis, your logic is fine overall except the part where you say, "Tell me, who else is left to sell. The institutions sold long ago, and now the little guy has sold. There's no one left to sell."

You forgot people can short the drillers. I'm 100% convinced we have momentum shorting going on. The good news is they have to cover some day. The bad news is only stock (GW) under $5 is immuned from the short.



To: taLuis who wrote (7141)1/8/1998 5:33:00 PM
From: bw  Respond to of 95453
 
Luis...
<<Now would be the worst time to sell your holdings>>
Doesn't this depend on at what price one bought their holdings? Looking over my trades from last year, I was buying/selling GW/DRL everywhere from $3.50-$8.50. If I was still holding those shares at $8.50..I don't think that would have been a smart decision on my part. Was also buying GLM @35 and FGII @41...My point is that it is hard to give someone else advice on their portfolio without knowing in more detail their circumstances..



To: taLuis who wrote (7141)1/8/1998 6:19:00 PM
From: Bill Li  Respond to of 95453
 
Luis, Agreed whole heartedly! I transfered my mutaul funds into my stock account and will ride this storm out. Bill



To: taLuis who wrote (7141)1/8/1998 7:00:00 PM
From: Big Dog  Read Replies (2) | Respond to of 95453
 
Senor Castro -- I really liked your post and I fully agree. You layed it out quite nicely. I have no fear.

I have been mising in actioin a bit today...had my pool guy fly in from La La land and we have been trying to design the Big Dog a cement pond...my casa will be named White Star Ranch, so the debate is whether to put a big white Texas star inlayed with white tile in the bottom of the pool...the wife don't dig it, but I will prevail.

Ok guys, I have been talking with Roger, the Editor over at Rightline. I am
sure we can all appreciate his concern for the happiness of his paying
subscribers. Since I was once in the publishing business I understand where
both he and his subcribers are coming from.

The information he produces is great and I think now and then he has some
pearls that beg to be shared with you guys. His entire newsletter would be
about 3-4 pages long if you were to print it out, and covers much more than
just drillers. So what I proposed to him is that I would only post the
pearls and not the whole oyster...not even the whole driller comment
section.

He replied with the following email:

<<Actually, my intent was certainly not for you to halt posting but rather
than whole sections, perhaps more of the snippet style. I can
understand the subscribers concerns, but in reality, what you were
posting was only a small token of the content and to an extent, out of
context. >>

So posting the pearls is what I will do - with his permission as you can
see.

If you are a paying subscriber to Rightline report then you already know
what a great publication Roger produces. You also know that these pearls
are just fractions of what is contained. Please consider the benefit these
snippits are to the other guys, and Barbara's, on the board. Maybe they too
will subscribe to get the whole newsletter and this will help Roger continue
to generate an even better report for all of us.

The best thing to do is grab a two week free trial at:

rightline.net

Ps. Roger also knows that some of you are getting the full report even
though you don't subscribe and he has hired Oliver North and G Gordon Liddy
to sniff out and squash this activity. So beware.