ISIS and PKD

[CountryBoy]

I'm seriously considering purchasing a some shares of both of these stocks for my Roth, Isis Pharma Inc and Parker Drilling. Both are getting pretty strong buy signals fromm CNN, Market Watch, etc. With the Gulf Drilling bill passed, PKD should be helped and ISIS is considered an up and comer or potential buyout buy out from one the bigger pharmas.

Anyone run across these?

Thank ya,
CB

 

[ayla]

Caveat: I don't know anything about individual stocks but I am trying to learn about charts.

I was curious so I did some plotting on Yahoo. Looks like PKD has had a downturn since its 50 day SMA crossed above its 200 day. Don't know what's up with that. Could either be a good time to buy or a warning that things may be getting worse. Looks a little scary to me.

see: http://tinyurl.com/y2sqzd

which is a shortening of:
(http://finance.yahoo.com/charts#chart2:symbol=pkd;range=6m;
indicator=sma(20,50,200);charttype=line;crosshair=on;logscale=on;
source=undefined)


ISIS - looks like good trends as far as moving averages though the price is a bit far above the 20 day average. You might look for a better time to "buy in" (but you know how that goes, if it keeps going up, there may never be a good time, LOL.)

see: http://tinyurl.com/wsdon

(which is a shortening of:
http://finance.yahoo.com/charts#chart2:symbol=isis;range=6m;
indicator=sma(20,50,200);charttype=line;crosshair=on;logscal
e=on;source=undefined)

If I'm going to do some serious investing - along with trying to look at everything else, I always buy a copy of IBD (Investors Business Daily) and check their rating there. If it doesn't have an "A rating" of some kind, I stay clear. May be a bit conservative for some investors, just my two cents.

Good luck!

Disclaimer: I have no financial association with IBD except as a customer when I buy a copy now and then.

 

[CountryBoy]

Yep Ayla,

I'm still learning myself and thanks for the info. These are a couple that do have a more risk, but I don't mind having a couple. It is a little nerve racking looking to buy these, but ya gotta take a little risk for a bigger return. I'll guess I'll see.

CB

 

[Birchtree]

I wouldn't place anything in a Roth that doesn't pay a dividend. You might look at RDC or TDW for drillers. And yes I own them both as well as several others in the field.

 

[CountryBoy]

Birch,

Thanks for the recommendations on the drillers. Yeah, the dividends are important. What other drillers are worth looking at? The 2 you mentioned look good, but are more than I want to put into drillers at this time.

Thanks
CB

 

[Birchtree]

A company called RPC symbol RES is doing a 3/2 split Monday which will bring the price down to a more moderate level. This will be the second split they have done for me.

 

[dell]

I do not own any shares at present, but PKD was very good to me; several times. I think they have drilled new wells in Kazakhstan which look like they are going to pay off. However, do not take my advice. Do your own DD.

Dell

 

[Birchtree]

Here are a few more good guys in the energy patch: Enbridge Energy (EEP), Genesee & Wyoming (GWR), Grey Wolf (GW), Hercules Offshore (HERO), Oceaneering Int (OII), Pacific Energy (PPX), Pioneer Drilling (PDC), Bill Barrett, Getty Images, Greatbatch, Horn GK Offshore, Macdermid, Todco, ah that's enough.

 

[CountryBoy]

Thanks Birch and Dell,

Whe I was looking it came down to PDC and PKD. I'll look research the others you mentioned Birch and don't worry Dell, I always research everything I hear/read about. If'n I'm going to screw up, at least I want to do it on my own. :blink:

CB

 

[Oldcoin]

http://www.revsharkblog.com/

With that in mind our Stock of the Week is Wetherford International (WFT) which provides equipment and services for the drilling of oil and gas wells. The company has excellent growth. In the most recent quarter revenues increased 58% and EPS increased 78%. Earnings are expected to increase 35% next year while the company sells at a P/E of just 18 based on 2006 earnings of 2.50. When expected growth is nearly twice that of the P/E, there is little question that valuation is attractive.

Interesting, Rev Shark recommended this today. You might be on the right page looking at drillers.

 

[CountryBoy]

Thanks Oldcoin,

That was a timely article.

CB