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: Razorbak who wrote (41824)	4/8/1999 8:21:00 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

Trading idea: RIG ----- upside earnings surprise is very likely ! From Zacks this a.m.- RIG: FIRST UNION CAP increased estimate for quarter ending 03/99 from $0.73 to $0.80 on 04/06/99 **** IMHO; establish at ''least'' a strong initial entry in RIG asap ! -read today ! maybe 50% in here and sit for a retracement back to $20 for the next entry if the world comes to an end...(VBG) - gotta own at least some RIG here - just do it ! yesterday; the Street.Com (which I feel is a good Street sentiment indicator) had a neative article alluding to the imminent earnings disppointments in the Oilpatch. RIG stood out like a sore thumb imho. One of the few companies that will actually show an increase . Now it appears they will also upside surpise.... RIG gets the Golden Apple award for talking down/managing expectations - RIG sub $25 is theft - literally stealing the stock - period. PS- FLC gets a buy rating upgrade this a.m. and now the analysts are pounding the table this a.m. on the Oilpatch - after running the sector down; gee - now that they've got the inside scoop; read - they now know if there is going to be any pre-release warnings - and theStreet.Com article did its gloom & doom duty - watch out for our overdue 6-7-8% up day come out of the blue.... it's out there - I can smell it......(VBG). The damn Street has been trying way too hard again of late in driving us down... they want in and they want in cheap - it's cheap here and they can't keep the lid on the OPEC compliance news - it's leaking out and the Asian demand news is leaking out - they had better be choosin their dance partners - cause I be hearing the music starting.... yes; the band is warming up Bull ! PS - do the "DD" on TMAR & GMRK - TMAR oversold - new boats with good contracts; GMRK good cash position, strong cash flow and the best niche in the entire ''boat'' sector - GMRK was $17 in January folks -steal it at $11 7/8ths to$12 - if we move here buy to $13ish imho...