GFCI...
There you go again with one of your exaggerations.. It was only 100 shares, but the comm. stays the same.. The boys that are retailing all the $0.038 stock that they bought today just need a few more cents per 1,000 to make the ticket worth while.. These scum bags that pawn this off as an investment are the lowest form of life in the Investment community... The only one to make money on this scam are the boiler rooms that retail and the sellers..
So one doesn't think all I do is look at GFCI, I'll repost what i posted on VMC earlier this AM..
Posted by: 10 bagger
In reply to: None Date:1/30/2007 10:42:53 AM
Post #of 63780
Oil Service Stocks...
I might be a little early but,, I established new positions in the following..
GSF, RIG, EOG, DO, NE, CHK, HAL, OIS, TXCO, HAWK..
They were all bought in my trading account,, as I feel that the price of oil is close to being in a balance between demand/supply.. While I thought the price would fall below $50 again I am seeing a bottom developing in the Oil Service sector and at present upside pressure seems to be in control... I am aware that none of the above are VMC stocks and continue to own and add to my Norwegian Harsh water drillers in my IRA accounts... EOG, CHK, TXO, and Hawk are I believe core Natural Gas positions... hank
Posted by: 10 bagger
In reply to: 10 bagger who wrote msg# 63710 Date:1/30/2007 12:50:54 PM
Post #of 63780
Oil Service and Natural Gas..
The actions of both sectors seem to have uncoupled from the prices of thier underlying crude and Ngas prices.. The strength of the sectors in stock prices seem to on the buy side by institutional investors.. The willingness of the Gov to replenish and double storage of crude along with the Saudi's acceptance of Oil prises at the $50.00 level (which is sour oil prices) have led to IMO that speculation that a deal has been made which strips IRAN of windfall oil profits... IRAN is as much a threat to the Saudi's as the USA... By keeping oil prices stable and at the lower end of the rage of the past year has made earnings projections on offshore drillers more possible.. The street likes what it sees and upgrade's will not be far behind.. The most visable are the ones which I have bought being the largest offshore drillers in the USA for my trading account only and will put my efforts twards finding smaller drillers that are not land baised.. My largest positions at present in my IRA's are SDRL.ol, TGS.ol, GEO.ol, JACK.ol, PDR.ol and Sioff.ol.... Recently I posted that I had lightened up on many of My positions in the Oil Services sector and most that I sold in my IRA's were a mistake.. The point is with predictable earnings and no change in outlook regardless of the industry the hold and mold positions of Bobwin's fame (300 personal marks, A tribute to his steady and tireless level of helping all to learn how to get rich) will do more to build profits than any others.. So now I will have to scramble to find the opp to buy some of these positions back.. While some were sold they still are my largest positions... hank
hank
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