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To: Captain James T. Kirk who wrote (44578)5/12/1999 12:23:00 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
A private offer to buy MEXP .... call me @ 1-888-dumpmex

Anything - anyone wants to sell under $2 1/8th - just call, operators standing by.....<VBG> !

Pisanni on CNBC says quote '' there are many who want crude to go down.''

This is a blatant shakeout here coming up folks; while I did think a retracment was in order; only because of profit taking and a lack of buying support at these levels. I read a tremendous research report (I can not share-don't ask) that has predicted a shakeout here; and then a buying spree as the analyst community dramatically (and they typed DRAMATICALLY in bold type) upgrades the Integrateds, Majors, and Independant E&P companies earnings & cash flow estimates upward. ..... this is what stinks about Wall Street....

MRO will be my revenge play on this ''shakeout'' on the majors/integrateds and these sub $5 pure play Nat Gas stocks are still below the Institutional Radar Screen for the most part... We are also setting up nicely after this crude price correction, for these stocks at $3-4 to break out over $5 to where they can be purchased by Mutual Funds and Institutions again; not to mention being able to be margined.... CRK RRC BELW are 3 posied to take advantage of this; CRK is the best play imho. BELW the least risk, RRC the most... CRK is a must own on todays 10% retracement; excellent analyst commentary out there (see Multex) buy Raymond James, CIBC, among others - do the "DD" - you'll own it...fwiw.

Q2 -3 will be huge for these micro/small cap gas stocks; revisit this old post for a hint of what small increases in Oil & Gas prices can do for the leveraged players here:

messages.yahoo.com

Be carefull out there.... some stocks worth chasing here - some are razor sharp falling knives....



To: Captain James T. Kirk who wrote (44578)5/12/1999 12:47:00 PM
From: Crimson Ghost  Read Replies (3) | Respond to of 95453
 
Captain:

Do not take this personally, but your posts sometimes have a manic depressive air about them. That is you swing from extreme optimism to extreme pessimism and visa versa in the twinkling of an eye. A few days ago you were talking about $20 crude soon. Now you worry about a total collapse.

What is far more important than today's sharp drop in crude is the extremely mild reaction to this by the OSX -- now down just 1.8%. This tells me it will not take much of a rally in crude to trigger a sharp OSX rebound. The market is telling us this crude drop is just a brief aberration.