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


To: Douglas V. Fant who wrote (42096)4/12/1999 11:37:00 AM
From: SliderOnTheBlack  Respond to of 95453
 
O/T Compaq - 51 Million shares traded - wow....

no where near my deadcat bounce target of $18-20 however...

SEV is building a base here - anyone who bought at $3 1/2-$4ish - prepare for the bounce to $5 (take some profits perhaps ) and $7 on any good ''hype'' ( large individual investor mo-mo following & heavy short positions) of upcoming drilling results - a great trading stock...

HMAR - yes, HMAR - is building a base @ $1 5/8ths-ish; option priced - and with accompanying risk - but; in this enviroment of late where nearly everyone has received the financing they needed - look for HMAR to unload some assets & to get refinancing....a 50% - to double return is real possible here...but, be prepared to be able to walk away with empty pockets on the downside. I just do not see them going under...they are priced for a BK reorg filing allready imho.

KMG worth a look here as well ...