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6 pts

Opinion on  Pioneer Drilling Company (PDC)     Sector: Energy  >  Industry: Oil Well Services & Equipment
great potential for PDC

Aug 17, 2007 08:22 PM GMT
Return Risk
-19.93% HIGH
Analyst

Look at the one year chart of PDC, it's at the bottom of its price cycle.  Once this stock goes below 12 dollars, it pops.  Energy is not as susceptible to the recent market volatility as other sectors, but with the new calm from Fed actions investors are back in the buying mood.  Get in on PDC under 13, and it will be back to 15-16 in a few weeks.

PDC:  This call was made on 08/17/07 @ $12.656
Rating:   Positive   $12.656 (08/17/07)
Closed:   10/30/2007 @ $11.98 (-5.34% in 74 days)
Target:   $14.00 (+10.62%) in < two weeks


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johnsmith previously rated PDC
Neutral/Hold -48.58% Neutral on PDC ...
10/30/2007
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