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


To: RGinPG who wrote (7572)1/11/1998 8:15:00 PM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
Ron -- You are preaching to the choir. I have said all along that JL (CEO of FGII) will be making money in ways we haven't even thought of yet. I also said weeks ...or has it been months...ago that FGII would be interested in adding other companies to their stable that provided other goods and services needed to build/refurb rigs and to compliment the existing business.

The recent SEC filing to increase the number of shares outstanding may portend that they are getting close to snagging one or more of those companies, as you mention.

I'd be interested to know who you were with...just because I'm nosey. If you want to tell me you can send private email. If you don't, I understand.

From the 1/11 Rightline Split Report -- and thanks to editor (and long time lurker) Roger for his post and for giving me permission to post snippits here from his newsletter. If you liked his post you can read gobs more of such great stock market wisdom from his newsletter at rightline.net Roger educates his reader on how to trade successfully. Now would be a good time to get a free two-week email trial. (I need to talk to him about getting some commish...)

From tonights report, this very brief paragraph.

Don't forget what is proving to be a
reliable indicator. If the OSX and SLB are negative, don't go long the
Drillers. If they are both positive, you can go long, but be ready to
exit or use trailing stops. Ones that will rebound first and most
quickly are FGII, EVI, CDG, MDCO and perhaps IO after being punished
Friday.