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    • CommentAuthorDarrell
    • CommentTimeFeb 3rd 2009
     Report Post# 1
    You only have 2 days to buy this energy services stock before the street fines it and it takes off. I'm a small cap player and I'm missing something here. unless its DVTIF.PK. Any thoughts ??
    • CommentAuthoroptimism
    • CommentTimeFeb 4th 2009
     Report Post# 2
    Are there any other clues?
  1.  Report Post# 3
    Can you link to the tease or copy it here? Louis didn't send this one to me.
  2.  Report Post# 4
    My guess would be Boots & Coots (WEL), stock around $1.
    • CommentAuthorasafp
    • CommentTimeFeb 4th 2009
     Report Post# 5
    WEL is an AMEX stock around $1. Doesn't AMEX delist stocks that sink below a buck after a certain amount of time? That's not good. Chart is ugly.

    Boots & Coots is a great name. You can tell all your friends you lost your money gambling with Boots & Coots.
  3.  Report Post# 6
    Texas wildcatters revere Red Adair and his buddies Boots Hansen and Coots Matthews, who started Boots & Coots back in the '70s. Red is the guy who at 75 was in charge of putting out those terrible fires in Kuwait.
  4.  Report Post# 7
    Cool name. He must be looking for a repeat of its run in March 2003. Dunno what caused that.

    Presently, the stock is near a 1 year low close at .95. It's forming a small triangle that could break either way.

    A close above 1.10 would be nice. If it closes below .95 I'd exit.........it is thinly traded. I'd take profits at 2.00 but it will likely take several months if it goes there.
  5.  Report Post# 8
    And I did (bought it and couldn't sell). I love the name. I think Navellier pumped it in the past, but it fell back to earth. BTW, it's one of Motley Fool's 5 Star Stocks in the Energy Equipment and Services sector and Zacks rates it a Strong Buy (and has for months).

    WEL has +8.50% sales growth/+309.30% income growth in the last 12 months. Still the stock goes nowhere and the chart is ugly. (I hope it is being pumped. I'd like to get out.)
  6.  Report Post# 9
    I just check Navellier's Portfolio Grader. Louis rates WEL a Strong Buy, with top ranking in Quantatative, Fundamental, Sales Growth, Operating Margin Growth, Earnings Growth, Earnings Momentum, Earnings Surprises, Analyst Earnings Revisions and Return on Equity.

    The positive rankings haven't affected the stock price.
    • CommentAuthorasafp
    • CommentTimeFeb 4th 2009
     Report Post# 10
    Scrazy, I guess that's why Farley goes mostly by the chart and the technicals.

    Same old song. Great story, lousy stock. Or in this case it might be great story, lousy sector. This might be worth another look when oil starts heading up.
  7.  Report Post# 11
    Don't look now, but oil is a "favored" sector.

    .....but just so we're clear, I'm not recommending WEL.
    • CommentAuthortuck
    • CommentTimeFeb 4th 2009
     Report Post# 12
    I've been in and out of WEL a couple of times in the last 9 months. I think the last time I cashed in the 1.30s. I can sum up my theory as to why it trades the way it does in 2 words. Oil Voice.
  8.  Report Post# 13
    Farley nailed this one. WEL was trading at 2.99 on September 3. Farley''s analysis at that time: "This stock has done nothing for 5 years. No reason to own. Stop $2.20". I should have listened to farley.
    • CommentAuthorasafp
    • CommentTimeFeb 4th 2009
     Report Post# 14
    "I should have listened to farley."

    Been there. Done that. Got the T-shirt.
  9.  Report Post# 15
    I think Louis has been cold as ice (no disrespect to Iceman) for a year.
    • CommentAuthorasafp
    • CommentTimeFeb 4th 2009
     Report Post# 16
    Navellier eats Alpha-Bits and craps out stock picks.
  10.  Report Post# 17
    Boots & Coots broke resistance Tuesday:

    • CommentAuthorDarrell
    • CommentTimeFeb 12th 2009
     Report Post# 18
    Don't think their competion will allow then to survive. I don't know ya'lls charts yet, but I'm trying to learn.
    Thankful People: stockcrazy10