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Re: was hotlinktuna post# 319363

Saturday, 11/06/2004 2:19:50 PM

Saturday, November 06, 2004 2:19:50 PM

Post# of 704044
I just looked at PETD, quite a hit from a recent high of just under $50, breaching a little the support at $34, might be connected to the recent drop of crude to $48, I added it to my screen, though I already have an "Oil exploration play" in IO and a oil core issue in TLM (currently I am out of the latter).

If anyone here has any good tid bits on PETD and special reasons for the cent tumble, I would appreciate it. Maybe the lack of QOQ growth in earnings despite major hikes in crude prices recently? Is that a temporary thing?

AZH

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