Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Platter who wrote (35429)	1/20/1999 11:12:00 AM
From: SliderOnTheBlack	Respond to of 95453

Any level II info on RDC anyone ? size of underlying bids ? Jackup dayrates aren't going any lower; the contrary play is to buy jack up drillers on dips/blips like this in RDC today. The deepwater contracts have room to come down substantially - jack up rates have least downside & most upside now... RDC 200,000 share big block yesterday on the buyside; at 10-3/8, up 1/16, crossed by Goldman Sachs REUTERS Rtr 16:05 01-19-99 *** give me some @ $9 1/2, or $8ish a day later ... so much for inside info huh ? What a difference a day makes for that big block buyer - $200K + up in flames... PS - Platter; any info on the size of the Oil contracts trading today; ie: insight into tonights API release ? comments ? I'm making initial entries today on dips; ie : RDC OII and setting limits to catch CXIPY PGO VTS FGI NOI RIG RON WFT as well; will also be there tomorrow a.m. for sell offs if we get poor API numbers... a buying opp here; worst case scenario is another 20% trading range in the next 8 weeks ... OPEC meeting will offer another opp as well...