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Gold/Mining/Energy : NORTON DRILLING (nort nasdaq) FORMERLY DSIC -- Ignore unavailable to you. Want to Upgrade?


To: KAMAL SMITH who wrote (159)1/9/1998 5:53:00 PM
From: Paul W  Respond to of 295
 
Should be an earnings report soon. Hopefully it won't come on a day the market loses 200 pts. Consider this... I have not seen any insider sales even though we plummetted. That is a good sign. We are definitely oversold. When the momentum swings for the drillers it will move fast. Makes no sense to sell now as it can't go much further down!!



To: KAMAL SMITH who wrote (159)1/9/1998 6:22:00 PM
From: terracin  Read Replies (1) | Respond to of 295
 
i'm thinking of averaging down, i've heard it said "when you can't take it anymore, it's time to buy somemore". nort at this price is a no brainer !! i'm margined in with gw and hec, actually hec is down only 15% from its high and gw is almost half of what i bought it at, however i'm thinking of taking a home equity loan to buy nort and gw.
i guess what i'm saying is - i'm a believer. anyway whatever price you bought it at i'm sure you'll make a profit with some patience. whatever you do - don't sell here.