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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: lostmymoney who wrote (497)2/10/1998 11:33:00 AM
From: Cary C  Read Replies (1) | Respond to of 29382
 
Mike some of it depends on what your trading parameters are. Long term I think PCTHW will go over 4. Short term, I still like the chances of the bid going to or over two. Right now it is at 1 7/8. In the past when the stock has been over 5, the warrants have been at 2 or higher.

Cary



To: lostmymoney who wrote (497)2/11/1998 12:04:00 AM
From: Ken W  Read Replies (2) | Respond to of 29382
 
Mike,

Of course PCTHW will go above 2....we own it!!

If you are really cranked up about oil stocks, may I offer ZNRG. I noticed considerable volume on the buy side Fri. It has pulled back some on profit taking. 4 brokers have had strong buy recommendations for the past 3 weeks. The fundies are not great. Short position has increased Dec. to Jan., but still small ( less than one day to cover). I think if Iraq is a go, then we will see some pop in oil prices. I HATE the thought of it, but this guy needs his a$$ kicked.

Stay dry

Ken W