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


To: STEVE who wrote (42645)4/19/1999 3:10:00 PM
From: The Ox  Respond to of 95453
 
Only have a second before I have to log out....

STEVE,
The key, IMO, is what was your initial strategy? As we love to say on this thread, plan your trade and trade your plan. If you bought TMAR for short term profits and you have 40%, you may want to consider trimming down your holdings or cashing out. These steps often have tax implications which need to be considered.

For the long term, as long as oil trades over $17/bbl, most of the stocks in this sector will continue to look attractive from a P/E or Price to sales, or cash flow perspective. TMAR and other beaten up companies will start to see an increase in business and therefore, will look even more attractive.

I hope the above isn't too generic. I don't have the time right now to add more. I'm sure there are plenty of other folks on this thread who would be happy to discuss TMAR's pros and cons at today's price.

best of luck,
Michael