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Superior Energy Services, Inc. Message Board

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  • coldwintergas coldwintergas Oct 15, 2007 3:56 PM Flag

    Oh my god, SPN skyrocketing up 10 cents Oil up 1.5 to $85+

    shorted another 150 @ 33.83

    down she goes.

    long OIH, long CLB, long XOM, hedged with short SPN.
    $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
    talk is cheap, longs. We are in the biz of making money. Are you?

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    • a$$ wipe, why dont you state your whole position, with basis. i imagine it is around 34.70, 500 shares.

      i bought another 1200 at 33.75 basis today.

      the fact that you are hedging oil-focused companies (CLB and XOM) with an NG-focused company underscores that you dont know what you are doing. you're just throwing darts at a chart.

      if NG climbs much more, analysts will be revising 2008 projections upward. watch and learn, grasshopper.

 
SPN
35.64-0.08(-0.22%)Aug 28 4:04 PMEDT

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