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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Peter V who wrote (2239)	4/23/1999 11:24:00 PM
From: xcr600	Read Replies (1) \| Respond to of 2506

CHARD, sure a thing of beauty, isn't it. Information is going to be tough to gather on something located basically in the middle of nowhere. Can't imagine there is too many fellow SI'ers over there as well. Company IR probably wouldn't be worth trusting either. I think today's anemic volume may have been due to the huge spread. AOL has the 30day avg vol as 91k. Think maybe they "found" those 95k barrels somewhere? How the hell would one verify any of this?? Also, you gotta figure in the off chance that if it was a substantial field, the big boys (XON,BP,etc..) would be there as well. Sort of reminds of drilling in N. Dakota for oil. x