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Microcap & Penny Stocks : GW GREY WOLF -- Ignore unavailable to you. Want to Upgrade?


To: Jason Riche who wrote (292)6/27/1998 9:35:00 AM
From: Susan Saline  Read Replies (1) | Respond to of 444
 
>>>Anyone else on this thread? Sleeping?

not sleeping ... just waiting ... for the bear period to be over

>>>Not good news out on GW. It was downgraded from an accumulate to a hold from a Major Investment firm. Can't remember which one. This is crazy.

It' not crazy.. Often analysts make downgrades when a stock hs hit lows, they are way too slow on upgrading/downgrading....hence the saying "buy on hold, sell on buy" recommendations.

also ... GW is certainly not the "one and only" to get a downgrade ...
exchange2000.com

I guess that is the reason for the slide today.
Not nescessarilly....
the majority of oil stocks were down today
GW just follows right along with the rest.

>>>Just wait until the price of oil goes up more. IMO.
Agree wholeheartedly.

OILS are down, they currently offer a good "long term" investment...especially for someone with no OIL holdings at all, and with years away from retirement.

Sue