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Gold/Mining/Energy : Trico Marine Services (TMAR) -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (979)11/17/1998 4:08:00 PM
From: Ditchdigger  Respond to of 1153
 
Mark, don't know what your TA shows, but my P&F shows a reversal to the downside in a row of O's---not good,considering there are no fundamentals to warrant an up move,IMO.Next support 6.50?.Although it was mixed in the OSX patch today, it didn't help this one..DD
PS: should be noted thet HAL was upgraded yesterday to a buy,can't remember the analyst-probably the same one that lowered estimates on the 9TH <VVBG>



To: TATRADER who wrote (979)11/18/1998 8:35:00 AM
From: JZGalt  Read Replies (1) | Respond to of 1153
 
Guys, give it up on the Michael Price stuff. Price relinquished active management from all public funds more than a year ago. The Franklin Templeton Group funds which he brought into the group might follow some of his tendencies, but they also still own Sunbeam which went from $15 to $50 and now trades below $7.

TMAR is cheap on several fundamental benchmarks, but the activity in the Gulf of Mexico related to drilling and drilling activity is terrible. Consequently none of the stocks related to this activity is likely to go anywhere in the near future (with or without Mr. Price).

If you can make money trading a stock from $7 to $8, more power to you, but long term investors should wait until the trend in the Gulf becomes a bit more clear IMO.