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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (36)8/10/1998 7:39:00 PM
From: twentyfirstcenturyfox  Read Replies (2) | Respond to of 1438
 
Hi Zeev - thanks for sending me this post. I'll watch and learn. BTW, does SEV have floorless debt., do you know. ?



To: Zeev Hed who wrote (36)8/10/1998 10:04:00 PM
From: drjoedoom  Read Replies (1) | Respond to of 1438
 
Zeev -- this is really unfair and uninformed.

<< Of course, you can always pray for one of those Strain's like Elephant fields (I have not seen a stock he did not have an Elephant in its future), >>

That is what you typed, verbatim. Admittedly a bit confusing. I assume you meant to type, "I have not seen a stock he RECOMMENDED THAT did not have an elephant in its future."

If that's what you meant to type, you are badly mistaken.

Consider Evergreen Resources (EVER), which I bought at about $4-5 a couple years ago after reading Strain's recommendation, now bumping up against $20. The recommendation was not based on an elephant, just the steady development of a solid prospect -- coal bed methane in the Raton Basin. 98% drilling success; lowest finding cost for natural gas in the industry.

Just one example among many of Strain recommendations that were not based on visions of elephants.

Why do I mention this on the floorless thread?

When you are so mistaken about assertions that I CAN check, it makes me doubt those that I can't check. For example, you haven't told us yet how you KNOW things about the positions of the floorless "bandits." I wonder whether you know anything about their positions at all.

Joe