SI
SI
discoversearch

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.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (30054)3/29/1999 4:30:00 PM
From: kendall harmon  Respond to of 120523
 
GRKA for tomorrow. Sector play, value play, oversold bounce play.

Greka Energy says stock undervalued
NEW YORK, March 29 (Reuters) - Greka Energy Corp. (Nasdaq:GRKA - news) said it had no explanation for the 34 percent drop in its share price on Monday.

It said the newly-created energy technology company was poised to deliver earnings and revenue growth.

The New York-based company, the product of Horizontal Ventures and Saba Petroleum Co., said it was looking to capitalize on a recent recovery in oil and gas prices that previously had slashed the profits of drilling and exploration companies. The merger was completed last week.

In late trading on the Nasdaq, where it was the biggest percentage loser, Greka stock was down 1-5/8 at 5-3/4, a 25 percent drop. Earlier, it hit a 52-week low of 4-7/8, bucking a sharp rally in the broader markets and in other energy stocks.

Greka said it uses short radius horizontal drilling technology developed by oil giant BP Amoco (NYSE:BPA - news). It has oil and gas production and development activities primarily in Canada and the United States, and in Indonesia and China.

''The merger ... positions us well for strong future revenue and earnings growth,'' Greka Chief Executive Randeep Grewal said. ''We feel our stock continues to be extremely undervalued and is highly attractive at these levels.''

The company said it will hold a conference call on Tuesday with investors to discuss its operations and financial outlook.




To: Jeff Jordan who wrote (30054)3/29/1999 4:52:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
PQT was an excellent pick could have actually been the only pick all month. NEON closed at day high, and BVSN near the day high. PQT was a terrific play and I would have liked getting onboard ENPT was anothe one I had in my sights this weekend by let slip but whos complaining. I had a 7 figure year and the way things look I am on the way to another one. I might be conservative and mature on the outside, but I'm jumping up and down on the inside and I'm really excited.

I figured let me do this 3 years and then I'd probably quit the trading altogether and just stick with market gems and building it up to a solid and 'honestly priced' stock site. By the way traders let me make one thing perfectly clear. You can do really well and not step on anyone or hurt anyone while you ascend. I never knew that. Always being a small potato in a big vegetable garden.

People say that those that write financial newsletters are laughing all the way to the bank bilking honest people along the way. Its simply not true for all cases.. and I'm glad Market Gems is the living proof of that. All along the way anyone who was not happy could easily have cancelled and we have not had a cancellation in weeks. In fact we have had a couple of dozen cancellations return.



To: Jeff Jordan who wrote (30054)3/29/1999 5:38:00 PM
From: SMALL FRY  Read Replies (4) | Respond to of 120523
 
No gapper candidates in your portfolio? <g> A bird in hand.... works all the time!!! Good for you... I'm one of the optimists... I'm thinking the brokerages (NITE, NDB, AMTD, even SIEB Twick) will be gappers, NEON, HLTH... to name a few!

Great day,
SF