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Gold/Mining/Energy : maverick (MAVK) -- Ignore unavailable to you. Want to Upgrade?


To: Andreas Samson who wrote (166)4/2/1998 6:45:00 PM
From: Ajay Aggarwal  Read Replies (3) | Respond to of 432
 
Dude,

Last quarter rig counts in the U.S. were up, and NSS and
MAVK were in the toilet. These stocks are traditionally
$5-10 with PEs in the 10. Activity will be flat.

Even if steel prices are down, orders will not come in
from the field when they can't sell oil for top dollar.
OPEC cutbacks are a piss puddle in an ocean of oversupply.

People who work at NSS are shorting NSS and looking for
jobs (look at yahoo posts). My buddy at a investment banking
company in Boston is dumping MAVK for his clients.

Unless oil hits $18, NSS and MAVK are going back to $10.