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beechwood
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This one is going to bounce big before long.
I'm drooling, foaming at the mouth, boils,
scratch fever, red-eye, and shaky.
It's approaching multi-year lows/support.
Fundementals are strong for an OB.
The reason it's been tanking is probably
because they're selling to pay for loans
of upcoming aquisition.
Total O/S = ~220 MIL.
Total Float = ~42 MIL.
Any thoughts?...

[ January 07, 2007, 11:23: Message edited by: Bob Frey ]

Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
bilgert
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I bought some on Friday- kept slipping on me though- averaged in at a little below .70.

Charts seem to indicate it'll turn around soon, but in addition to their recent acquisitions, they have a rather large debt. Check out the recent 8-K's and the article below.

http://www.forbes.com/business/2006/12/20/willie-nelson-stardust-biz-energy-cz_d f_1220willie.html

Posts: 949 | From: Little Rock, AR | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
beechwood
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Yeah, somebody just sent me that article.
Very interesting to say the least.
I'm still on the sidelines waiting for a
pull out and confirmation.
Some PR on the plus side would help this
out a lot.
Until then I've got it my radar screen.

Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
Danny12345
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nice today. Next week will be interesting because all the indicators are turning up [Smile] ..

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Learning The Way Of Life....

Posts: 658 | From: Phoenix, Arizona | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
Danny12345
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gapping this morning...

--------------------
Learning The Way Of Life....

Posts: 658 | From: Phoenix, Arizona | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
   

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