3 replies to this topic

[linrom1]

I wanted to get an idea how high could OIH go and what would it take to get there.



The table was compiled using First Call estimated earnings for 2007 and Credit Suisse's target prices dated 7/17/07. Several issues have already made their targets. The OIH is not cheap and sports a P/E of 17, and its not certain that oil service companies will meet their 2007 earnings estimates. Based on these projections, a target for OIH is at 199.

Edited by linrom1, 19 July 2007 - 10:38 PM.

[vitaminm]

OIH wkly/bpo 254

http://stockcharts.c...=OIH,PLTAWANRBO[PA][D][F1!3!!!2!20]&pref=G

[JAP]

This and gold stocks are going to be a fun short.

[ogm]

This and gold stocks are going to be a fun short.

Agree. Oil stocks will make great shorts some day. Especcialy drillers. A lot of them will be terminal.

Dinosaur industry.