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: marc chatman who wrote (15309)	3/18/1998 1:16:00 PM
From: RGinPG	Read Replies (2) \| Respond to of 95453

120% in oil service and drilling. I own nothing else. (20% is margined finances).

To: marc chatman who wrote (15309)	3/18/1998 1:34:00 PM
From: waverider	Read Replies (1) \| Respond to of 95453

130%? Don't know about others, but for me that means you have gone into margin 30% over your cash equity investment (Ex: $100,000 you own, $30,000 more on margin). I just went 130% invested myself this morning with more NE, FGII, and some FGII May calls. That's my personal limit for leverage. Things sure are lookin' up, Boys and Girls. Thanks to all who spit into the eye of hell last night. The devil has seen our force and knows we are here to stay...$10 oil or not (and we know NOT!). Thean, you're on the invitation list...never fear. Anybody got the connections out there to get on a rig for our party next year? Diamond H

To: marc chatman who wrote (15309)	3/18/1998 1:46:00 PM
From: tyc	Read Replies (1) \| Respond to of 95453

hi, 130% in oil service, drilling and equipment. I own nothing else. (30% is margined finances). This 30% is my short term play. I am a stubborn BIG BULL in this sector. I feel save put my life here. One of the reason is I can learn a lot from this thread. You know who I like to mention. Crude oil drop makes me happy because I plan to buy more. Crude oil up makes me happy also because I plan to unload up to 30% of my short term holding. I have a lot of short gain as well as even bigger long term gain so far and hope it will continue like that. tyc