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Petroleum Geo Service ASA (PGO) Message Board

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  • wile_e99 wile_e99 Mar 30, 1999 10:38 PM Flag

    What gives with PGO.

    It became moot today, when I sold the last of my
    PGO. If by "catching up," you mean it didn't go down
    as much as many others, I guess that is right. I
    have not liked the way PGO has been moving, and would
    feel more at ease with FGI or RIG. I was happy to make
    a profit, although not what I expected when I
    bought PGO.

    The question, now, is whether or not
    the sucker's rally is over, or whether the sector is
    just falling back for a new run. You should know by
    tomorrow afternoon. If a new run, it may go to 22, then
    fall back again. If we can get nice waves like we had
    last fall, we could make some money!

    Good luck
    to you.

    Wile E.