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Ultra Petroleum Corp. Message Board

  • tradert000 tradert000 Feb 14, 2006 1:11 PM Flag

    The drop in energy hasn't affected UPL

    or any other energy companies prices. The monies are still more than double of what enrgy is being traded at.
    UPL should be way up.

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    • I agree with you. However we are being victimized by a sector wide rotation where an automated trading system does not distinguish between drillers, refiners, E&Ps, etc. They just systematically unload everything that even remotely "smells like energy". It's like the hunter who shoots before taking aim. Ooops! These guys will regret it later in the year after another 30-40% spurt up in price. We just have to take our lumps every now and then with this sector. Hang in there.

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