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Parker Drilling Co. Message Board

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  • manboking manboking Apr 18, 1999 11:34 AM Flag

    LC & T34 - Crude Oil & PKD

    Next resistance of 4.50 will be taken out this
    comming week as the shorts bail out of PKD, next level
    6.00 is now douable with fridays action continuing.

    Pay no attention to earnings, this market is all
    about momentum, and this company is selling close to
    book value, history shows any time this happens the
    gains are geometric. Earnings are a function of the
    past and the future looks brighter with oil prices
    over 17.00.
    Vector Vest said it well "BUY", the
    "death spiral", and the "buck a gallon gas" belong in
    Wally World (B.S.). GO....PKD....!

 
PKD
1.18-0.08(-6.35%)Feb 5 4:02 PMEST