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Gold/Mining/Energy : NORTON DRILLING (nort nasdaq) FORMERLY DSIC -- Ignore unavailable to you. Want to Upgrade?


To: Tom DuBois who wrote (202)2/11/1998 8:17:00 PM
From: ChrisJP  Read Replies (1) | Respond to of 295
 
I have read the Yahoo message board posts on NORT and Keg. Who knows if they are true ? The only reason to believe the rumor is that NORT keeps delaying earning but have said more than once last month that 15 out of 16 rigs were leased and earnings would be fine. The problem with the Yahoo message board is that the rumor could just be one person posting under different names.

I bought last month at 1 13/32 and yesterday at 1 17/32 before the rumor started. All the other drillers have rebounded 30%+ after announcing earnings. No reason why NORT shouldn't do the same. So why is anyone selling ?

Chris