SI
SI
discoversearch

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.
Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (2073)3/22/1998 11:49:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Sergio and all,

Here I go again. For those that are a little short of $$$$ like me. A small driller that does fairly well (pun) is DLOVD..yup "D" it already did the reverse thing, bounced real hard off of 1 1/8 to 2 1/4 in two weeks., closed a partnership and began producing two lateral re-worked wells. They have several more wells to rework. Oil was a 18 then....you know the rest. I seem to remember that the one well produced $7400.00 per day if the average price was at 17.00 I sold the stock at 2.00 from the 1 1/8..

It is looking oversold due to the last 30 days oil prices..but, spring is here. Vacations are starting, time for the yearly oil shortage and drive up price at the pump.

Ken W