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Microcap & Penny Stocks : GW GREY WOLF -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Energy who wrote (142)1/12/1998 5:29:00 PM
From: Gregg  Read Replies (1) | Respond to of 444
 
A.G. Edwards has a BUY rating on Grey Wolf ! The next 3 years are suppose to be a BULL market for the group ! I'm long buying all the down. I think the company is a bargin down at these prices. Everytime GW is down, the group is also down. This slide has nothing to do with GW alone. The group is beat to crap. How much more can they sell the group ? The group has to be on the bottom. We must see a rebound soon ! Good Luck everyone ! Lets get this stock back up and running for the new year !



To: Mr. Energy who wrote (142)1/14/1998 12:27:00 AM
From: john david martin  Read Replies (1) | Respond to of 444
 
Your assesment of GW is positive but what about the talk of further dilution of another 10 million shares to be offered in next few months. Surely with the stock falling from 6 3/4 to 3.5 in less than six weeks with over 160 million shares outstanding already, they would hold back awhile and let this stock get over 6 before any more offerings.



To: Mr. Energy who wrote (142)1/14/1998 3:10:00 PM
From: jim p. holcomb  Read Replies (3) | Respond to of 444
 
Mr. Energy,

The recent acquisitions by the land drillers and BDI's IPO, looks like a game of Monopoly, with everyone adding to their holdings. If the oil price tanks to $12-14 per barrel there will be a lot of them in jail that did not collect the $200.00. It all depends on the price of oil. When do the E & P people say "let's hold off drilling that well until oil hit's $18.00 again"?. Sure reserves must be replaced, but at what point?. Jim.