To: BobInBush who wrote (41) | 3/10/1999 7:36:00 PM | From: diana g | | |
Bob, the Oil sector and crude are up on statements from OPEC producers that cuts in production will be forthcoming. Hopes for increasing demand are also a factor. OPEC meeting will be Mar 23.
VRC is a fine company and one of my personal favorites. Still cheap here. Will be much higher before OPEC meeting, imho.
regards, diana |
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To: BobInBush who wrote (41) | 3/10/1999 7:47:00 PM | From: Jibacoa | | |
All the oil stocks did well today. That was the sector that drove the DOW today to a new record.
If VRC can close above the 200 day average now around 10 1/2, it seems headed to test the October 27th intra-day high of 13 1/2
Today,s volume of 1,370,200 was double the recent average.
Good luck to all. |
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To: Jibacoa who wrote (43) | 3/19/1999 1:42:00 AM | From: Safe Cents | | |
I envy you guys that got into this stock when it was under $10. I used to work for Varco and the President taught me the trading techniques for this company. Basically it was to buy like crazy when oil moves over $15.00 a barrel.
I have seen Varco run up nearly 1000% a couple of years ago and would not be surprised to see the stock hit $40 to $50 as long as oil keeps going up.
I'm a little wrapped up in one loser and one winner. But have a nice ride.
safecents@aol.com
financialsolutionsweb.com |
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To: Jibacoa who wrote (47) | 2/11/2000 1:49:00 AM | From: Bluestryp | | |
Anybody has any clue as of today's stock activity? Volume was huge, 6 times the average, and a 1.75 mil. shares block crossed on the buy side. With a P/E of only 15, VRC is dirt cheap compared to other oil services companies. |
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