SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Teddy who wrote (9232)1/22/1998 2:28:00 PM
From: The Perfect Hedge  Respond to of 95453
 
The selling's picked up and I think some of these stocks are down more in one day than they have ever been(or close to it).i.e.-RON.
If we get more selling into the close then real bad sign for tomorrow.We'll gap down at the open and fall further.

I'd like to see some sort of rebound to have some hope or else P ENGR will be painfully right.
GD



To: Teddy who wrote (9232)1/22/1998 2:36:00 PM
From: Rob Hinton  Respond to of 95453
 
Actually I tried to help her with the correct interpretation of
stock-speak code words when they give the report:

mo money: this means MORE MONEY, tons and tons of it. In fact we have
one rig dedicated to carrying all the cash we have.

growth: the addition of a SECOND rig to carry around all the money
we will make this year.

day rates: what we charge all the talking heads who know nothing to
come look at our rig full of cash

growth: the height of the piles of cash on the rig

new drilling contracts: place holders on the money rigs so we can
remember where to put the new cash when it shows up.

oil glut: what do do with all those drums on the deck that keep us
from putting MO MONEY (see above) on the rig

short interest: the amount of time we spend on other things besides
working on our GROWTH (see above)

short squeeze: what our employees do on breaks. Run over to a pile
of money and give it a bear hug.