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Non-Tech : Lizard Licks bzzzzz...smack!! Trading -- Ignore unavailable to you. Want to Upgrade?


To: lizard lick who wrote (66)1/8/1999 6:05:00 PM
From: lizard lick  Read Replies (2) | Respond to of 79
 
Im so lonely here on my little thread.....
anyways, Faro january effect was big. congrats if you played it

Oil and Gas Exploration companies on the move this week, Grl gained around 65% in just a few trading sessions on news of gas find
in indonesia, great trade but it is a bit overbought now. Possibly good short now for a few days hold position, some big money was moving around on it on wed and thursday, volume dropped today substantially but price spiked.

Food for thought:

Filled and long on SGO at 6 13/16, Soros had a position in this stock last year which helped propel it into the twenties. What he did since then i dont know, but SGO is currently reducing its debt through asset sales of non-strategic holdings and sand finalizing merger to be official march 99 and will assume the name Ocean energy. It looks very good and is low end if willing to hold. My target is 8 in Jan-Feb and I am betting it will make a move next week and in anticipation i loaded up today,, Also big money was swirling around in it today, looked very much like grl before it made a moon shot to 10.