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

To: Chuzzlewit who wrote (15182)	3/17/1998 7:30:00 PM
From: waverider	Read Replies (2) \| Respond to of 95453

Good God! What a bunch of idiots! Huh? Me be speakin' about all those morons who are sayin', "oil is going to do this, that, another thing." Excuse my Texan (my family is from there sorta), but they don't know their rectum from a hole in a deposit of oil shale. Stupid, stupid, stupid. No one can predict that kind of thing. And where might be our P&F fortune teller? TA certainly has its limits, heh? We are in these stocks because WE KNOW the fundamentals. They are NOT changing. With contracts from NE, FGII, etc., locked in for 1 to 2 years in the future and backlogs up the gazoo it is time to turn off the ticker tape and have a beer. Stop worrying folks. Yeah, I wish I had bought CDG at 34 instead of 53, NE at 24 instead of 27, FGII at 24 instead of 31 and those NE Sept. 30 calls...oh GOD! BUT, I am glad I am in the oil business (via stock purchases) and plan to stay there for another 2-3 years at least...because I know my company's managers are excellent and that their product is in demand. What other reason to buy a business. As far as I'm concerned, Wall Street, Merril Hangin' Lynch, and Bob Pisser can GO TO HELL! They are wrong and we are right. Hang in there boys! I had fun today, getting ready to buy more of my favorite companies cheap. This is better than watching interest rates go down as I wait for my refinance to be approved for my home. Action? You want to know what I did this week so far? I sold half my Cliff's drilling position yesterday at the stellar price of $34 and 5/16ths to let Uncle Sam share in that MAJOR capital loss and used the money to diversify more by picking up more FGII and a starting a small position in GLM today. I'll use the rest of the cash to nibble elsewhere. Chin's up all. Have no fear. Spit in the eye of hell and go mow the lawn. WE are STILL having that oil party next year on a rig in the Gulf! Diamond H