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


To: Jay Lowe who wrote (993)12/4/1998 11:22:00 PM
From: T-Lo Greens  Read Replies (1) | Respond to of 1153
 
Pretty soon it'll be non-marginable, and so even the longer-term holders will sell out and put their money to work. Right now it's dead money for about another 6 months to a year. This was a really good company, but they disappointed last quarter, and I'm sure they'll do even worse this quarter. Oil is $11/barrel, there's consolidation in the industry, OPEC can't get its act together, it's a warm winter, there's an oversupply...wow what else can go wrong? Only thing worse would be if someone discovered/invented a substitute for fossil fuel.