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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (34505)1/8/1999 10:13:00 AM
From: articwarrior  Read Replies (1) | Respond to of 95453
 
Here is my favorite oil patch stock SCSWF....bought at 6 1/4 and look at where it is now....Hmmmmmm is something up or is it "Just the price of oil Stupid"?
And Oh by the way folks TCMS has been sleeping but is starting to stir....Wonder if it was their last announcement of new contracts?
FGI, well what can you say about all those shorts....Covering has begun and I look to Friday for the spike from short covering due to the psychology of not leaving "your shorts exposed" over the weekend. A look at the API numbers and future projections would indicate that by May of this year we should see a significant upturn due to the supply/demand curve shifting. I tried to post the chart from my excel spreadsheet but didn't have any luck.
Another sleeper is CHK....Gee mom look at the GAS flowing from them thar pipes! The joke of a lawsuit falsely depressed the stock to 3/4 and oops now it is at 1 1/8. I like it when these wonderful opportunities happen.

Good Trading All

Hey, Paul Feldman, Musa Essayad is thinking of giving a class in Energy stocks this summer. He was an OPEC finance manager before he came to UAA to teach investments. Might be a great class to attend.