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


To: phillip who wrote (44271)5/7/1999 12:48:00 PM
From: leisuresports  Respond to of 95453
 
Slider, what are ;you talking about? According to my financial info, MEXP has not traded below 2 today. Is Datek wrong?

s.r.



To: phillip who wrote (44271)5/7/1999 12:53:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
PKD;

Phillip; I prefer to wait a little while on the land drillers; PKD may bounce off of $3 again - but starting to build a position here longterm is probably fine - PKD has more risk than some...leave yourself some money to average down perhaps... you may want to read Razor's Altman Bankruptcy Model analysis for research to the downside... - that boy sure can cipher...

Message 8334023

RIG on ANY retracement from here is a solid buy ! - keep averaging down on RIG as far down as they want to take this one...

MEXP - high volume ! - there are as many buyers as profit takers - right now; looks good here technically..

Hasn't gone below $2 today - but if it does; give me one last chance at $ 1 7/8ths and you WILL see a bounce (VBG) !

<<FGI is gonna kick tail when things turn for real. Thinking about what they have accomplished in the past year (while the stock followed the industry down) makes it difficult to not "become emotional". They are in all the right places, doing all the right things.>>

....agreed; just thought the bounce to $20 would see big profit taking - love it at $15/16 here ! But, need someone to place a major Rig order soon - need backlog to build - news soon, or I'm also a quick seller on ANY weakness from here - just nervous on the commentary that the 97-8 Rig Construction boom may never be equaled in the nearterm...??

With FGI; regardless of the story; it is a great trading vehicle - period !



To: phillip who wrote (44271)5/7/1999 1:45:00 PM
From: Captain James T. Kirk  Read Replies (1) | Respond to of 95453
 
In at 2 1/8 MEXP , thanks Slider !! bid now 2 7/16 34x20, slowly moving up. We are near the 100 mda as well.