Monday, February 27, 2012

Good News

The surprise of the day came from the management of ATPG who announced that they have found oil in one of their wells. The stock, which has been in what the wildcatters call a "deep hole", popped by almost 19%. Great—I can almost see daylight now.

GOOG, at the close, was found dithering around plus-or-minus zero. No conviction whatsoever.

COP continued making its move—I need to watch that one. The time to trim a bit and raise a little cash may be nigh.

DE was pitiful.

OIH staged a manly decline.

And C—I don't know what to say, it's still chugging up the hill. But it's a big hill—what the old-timers call a "mountain". I'll be back to par at $40.

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