Sunday, July 10, 2005 8:28:58 AM
GW, Grey Wolf, drillers should show earnings catch up with oil and gas prices. 20 ema crossover 50 ema would have been the best buy, but I think earnings will drive it higher. Closed at $7.59 Friday.
Didn't someone mention GW before on the board?
"Results will continue to improve, though at a slower rate, because there is a lot of drilling going on," he says. Out of the companies Wicklund covers, he expects Patterson-UTI (PTEN:Nasdaq - commentary - research), Grey Wolf (GW:Amex - commentary - research) and Nabors Industries (NBR:Amex - commentary - research) to do well in the second quarter."
Didn't someone mention GW before on the board?
"Results will continue to improve, though at a slower rate, because there is a lot of drilling going on," he says. Out of the companies Wicklund covers, he expects Patterson-UTI (PTEN:Nasdaq - commentary - research), Grey Wolf (GW:Amex - commentary - research) and Nabors Industries (NBR:Amex - commentary - research) to do well in the second quarter."
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
