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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?


To: FUZFO who wrote (776)7/11/1998 8:45:00 PM
From: MoneyPenny  Read Replies (2) | Respond to of 2282
 
Fuzfo, I am so long and so averaged down on GLM I really can't decide what to do. I read the most recent comments of some who have been pro drillers since the first recent downturn last fall, namely those intrepid bulls over on Strictly Drillers and more generalist stock pickers like Jubak over on Microsoft Investor, I'll post the link here later and I am in a quandry...I think I'll eat about half the position next week. I've got land drillers as well, PXD and GW who are so down I hate to think they will go all the way but what's a girl to do. These stocks all have a long term perspective but if they go down another 30% that is a lot of ground to make up later. See you're in the business...what are people thinking or are they still just putting the straws in the ground knowing this is short term? I'm starting to worry now after 9 mos...grew up in Tulsa with a small well in the yard but had no clue about the business until the last few years...and am still somewhat clueless...Thanks Sharon here's that link...no mention of GLM but mentions DO, Rowan and SLB
investor.msn.com