Grey Wolf

ki klempa · 08-01-2005, 07:52 AM

I just bought gw on a good quarter but a dip in the stock, does anyone own it? Oil doesn't seem to be steady going down, it goes down and then back up so I thought I would try my hand at a driller, but that is all I know., any info would help

GW symbol

Kim

Industrial Rodent · 08-01-2005, 08:41 AM

Hi,
I have been watching it for sometime. Slow steady growth. Not accellerated growth for quicker profits. To do that they would have to buy or aquire more units then they have. Their are others that just as good or maybe better.
For a truely sepcalitve one that is Dicey look up EDEX.PK if there pasive system really works it might be worth something. With the penny stocks they usually stay there. I have some in it. Wish I would have gotten it at .10 a share. The low so far.

deepinwonder · 08-01-2005, 04:25 PM

They are increasing rig rates, so the next quarterly report should be better. It's a good little company and I read some analysts saying that it was oversold after their earnings report and it's still a good stock to buy into.

They do a lot of insider trading, but I can hardly blame them, because it's finally worth something, they've been working their tails off and maybe their kids want a new swimming pool or vacation. I think that's fair, but hope they don't over do it.

They also have a great board of directors who are very knowledgable in the oil industry and that is a big plus.

I would AVOID those penny stocks, they are a dime a dozen and phony oil scammers are everywhere. Stick with companies that are legit and making a profit, like GW.

deepinwonder · 08-01-2005, 04:31 PM

I meant energy business, not oil. GW drills mainly for gas in the US. :)

08-01-2005, 07:52 AM	#1
ki klempa valued contributor Join Date: Jul 2005 Location: MASSACHUSETTS Posts: 80	Grey Wolf I just bought gw on a good quarter but a dip in the stock, does anyone own it? Oil doesn't seem to be steady going down, it goes down and then back up so I thought I would try my hand at a driller, but that is all I know., any info would help GW symbol Kim

08-01-2005, 04:25 PM	#3
deepinwonder forum leader Join Date: Jul 2005 Location: nc Posts: 1,183	re: GW They are increasing rig rates, so the next quarterly report should be better. It's a good little company and I read some analysts saying that it was oversold after their earnings report and it's still a good stock to buy into. They do a lot of insider trading, but I can hardly blame them, because it's finally worth something, they've been working their tails off and maybe their kids want a new swimming pool or vacation. I think that's fair, but hope they don't over do it. They also have a great board of directors who are very knowledgable in the oil industry and that is a big plus. I would AVOID those penny stocks, they are a dime a dozen and phony oil scammers are everywhere. Stick with companies that are legit and making a profit, like GW.

08-01-2005, 04:31 PM	#4
deepinwonder forum leader Join Date: Jul 2005 Location: nc Posts: 1,183	re: Ooops I meant energy business, not oil. GW drills mainly for gas in the US. :)

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08-01-2005, 08:41 AM	#2
Industrial Rodent new member Join Date: Jul 2005 Posts: 13	Hi, I have been watching it for sometime. Slow steady growth. Not accellerated growth for quicker profits. To do that they would have to buy or aquire more units then they have. Their are others that just as good or maybe better. For a truely sepcalitve one that is Dicey look up EDEX.PK if there pasive system really works it might be worth something. With the penny stocks they usually stay there. I have some in it. Wish I would have gotten it at .10 a share. The low so far.