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


To: tdl4138 who wrote (44468)5/11/1999 10:54:00 AM
From: SliderOnTheBlack  Read Replies (3) | Respond to of 95453
 
Anyone buying here; laying in wait ? What & where...?

...not all gloom & doom .

Sitting with limit buys for:

FLC @ $ 9 7/8ths
RIG @ $26 15/16ths
PGO @ $16 7/8ths

...will average in on any/all retracing in these 3; for example:

FLC next at $8 1/2, $7 1/4 etc. RIG $24 1/2, $22 etc...NOT, that I think these will fall to these levels; but I am willing to chase these 3. Allready own these in moderate size at lower than present levels- but will NOT hesitate to add on any retracing. however, solid stocks like HAL WFT SII do not look in the buying range yet to me...

MEXP up 12%+ today on good volume by the way; fwiw...every single sell in size is being snapped up instantaneously.

CRK & RRC & BELW offer good entry points in E&P land here at present prices imho.

CRK is a solid, solid play here; a realistic +50%'er by XMAS imho, for anyone wanting some Nat Gas leverage/exposure.



To: tdl4138 who wrote (44468)5/11/1999 3:13:00 PM
From: Wowzer  Read Replies (2) | Respond to of 95453
 
Holy sh&%, a couple huge blocks just crossed on CRZO 106K @ 1 3/8 and the matching trade at 1 7/16. You carry a lot of weight VBG...

Is RIG going out of business? Wish I didn't use up all my powder on that one...

Rory



To: tdl4138 who wrote (44468)5/12/1999 1:46:00 AM
From: Razorbak  Respond to of 95453
 
Altman Bankruptcy Predictor - Carrizo Oil & Gas Inc. (NASDAQ:CRZO)

#reply-9480628

Tread carefully, Dave. Negative working capital and a going concern opinion from the auditor.

Just my opinion, of course.

Good luck.

Razor