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


To: P.Prazeres who wrote (15846)3/22/1998 10:27:00 AM
From: Sam Ferguson  Respond to of 95453
 
Noticed you had KEG one of top three for week. Could you possibly tell me the reasons you think it belongs in the top three? I have been holding thru losses from over 27 and each time it looks like it may breakout there is a new sell-off. Drilling is less than 10% of their income so cannot understand their loss or recovery just based on oil prices. Management has a very agressive plan for growing thru acquistions and have been very successful and recent acquistions haven't been figured in estimates for the coming years.

Am I wrong to continue holding on this basis even if we have a big run up this week? I'm not proficient enough to trade in and out with timing necessary for this type trading.

An amateur investor trying to use common sense and mine is really up the creek in this volatility..