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Gold/Mining/Energy : Anyone following UTI Energy Corp.? -- Ignore unavailable to you. Want to Upgrade?


To: RGinPG who wrote (678)5/11/1998 4:11:00 PM
From: Harold S.  Read Replies (1) | Respond to of 1305
 
Nice trade!!! One thing to watch very closely is the activity like we had at the close today. This stock is still under accumulation and it tried very hard, and succeeded, at closing at the 100 day moving average. A close below 19 would have been bearish in my book. Today's close only reinforced my feelings on the strength of this stock.!!



To: RGinPG who wrote (678)5/11/1998 6:06:00 PM
From: Captain James T. Kirk  Read Replies (2) | Respond to of 1305
 
Realistically, you can sell UTI almost everyday and buy back at at least 1/2 point cheaper. However, if your selling in hopes of a BIG dip, that is what I do not understand, nor belive will happen. Just my opinion, and a former "itchy" trader. Every time I get the itch with UTI, I look at when I owned AEOS at 9, less than 1 year ago, and 2 splits later, look at where it is. Some you hold, and some you fold, and UTI is a hold..........for now.