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


To: CommanderCricket who wrote (42897)4/21/1999 5:52:00 PM
From: Linkdog  Read Replies (2) | Respond to of 95453
 
Commander,

I noticed that divergience myself. That's why I'm heaviliy into FLC. The interesting thing is that when times looked really bleak ($8 oil, end of the world etc..) FLC tracked GLM much more closely. Over the last several months GLM has ran away from FLC. This makes absolutely no sense!! FLC has solved a potential liquidity crisis and they are more leveraged for the upside. Now that things are looking better in terms of oil prices and drilling activity FLC lags?? No way - not for long and I'm betting $$$ on it.