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


To: RGinPG who wrote (9214)1/22/1998 1:21:00 PM
From: Thean  Read Replies (1) | Respond to of 95453
 
Ron, the post you referred to is linked here. Not all drillers are included. If one include everybody, we are talking about 50 companies big and small!

Message 3216389

PTEN is testing support at $25. Rose the fastest the last few days, down the hardest today. A classic sign of mo-mo money doing funny stuff. My #1 concern is crude going to $15. The king and his jewel is just an excuse to sell.

LT - still not sure are all your NE long term hold or some of them on trading basis. Your rationale is perfectly fine for long term hold. For trading, you may have a chance to sell now and buy more shares back at the old $23-$24. I'm sure you know about risk management.