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Precision Drilling Corporation Message Board

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  • manboking manboking Feb 24, 1998 7:21 PM Flag

    You're BUSTED for being too stupid

    As we approach the 52 week low of $16.00, it appears to me,that the earnings momentum of an estimated over $3.00 earnings, will likely offer support to this issue from further decline (P.E. Ratio of 5.3 based on foward looking earnings).

    I will cast my buy vote by placing another buy order at that
    price, so to average down my initial entry price of $25.50,
    except this time plan on buying twice as many shares as
    I did initially, since the long term trend on the price of
    the commodity remains UP, not Down.

6.21-0.24(-3.72%)Mar 27 4:03 PMEDT