Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Anyone following UTI Energy Corp.? -- Ignore unavailable to you. Want to Upgrade?

To: Dennis J Ford who wrote (320)	3/13/1998 10:52:00 AM
From: Nazbuster	Respond to of 1305

KT, To me this looks like a buy.I'm buying and will buy more. It looks so good ,but why is it low and stays low it's scary. Consider the gloom and doom (and low oil prices) your friend... The public is down on ALL oil-related firms, even those like UTI which are swimming in cash. This IS a great buying opportunity for many stocks like UTI. There is nothing wrong with the firm, just the price of oil. Have patience. Think longer term: Do you care if it takes 3 months, 6 months, or 1 year to double or triple your investment? Even if oil stays in the toilet for a year, the steady stream of solid earnings reports will eventually push this stock. P.S. Cynthia Otie, a radio talk-show investment advisor, once said that the stock market is the one place where people refuse to buy merchandise when it is on sale...