ICENX's Downward Slide

Anybody know why ICENX is dropping? I did a search for news but couldn't
find anything.

Mike

Re: ICENX's Downward Slide

"Mike" <> wrote in message
news:40F3f.45271$
> Anybody know why ICENX is dropping? I did a search for news but couldn't
> find anything.
>
> Mike


XLE and IXC are SPDR's, index funds. Your fund is following a similar path.
It's dropping because energy prices are dropping. I sold my energy fund last
week, 3.43% ago.

Re: ICENX's Downward Slide

I used to own them and will look. Interesting - Iraq's oil is being
under utilized. There simply isn't enough capital reserves being
deployed to develop its national interests. King Abdullah is doing his
part, and doesn't want things to get out of hand, but people just are
not buying it. Meanwhile, the reserves are rising up and production
isn't really down.

Mike wrote:
> Anybody know why ICENX is dropping? I did a search for news but couldn't
> find anything.
>
> Mike

Re: ICENX's Downward Slide

Think it's time to dump ICENX?

Mike

"Ed" <> wrote in message
news:
>
> "Mike" <> wrote in message
> news:40F3f.45271$
>> Anybody know why ICENX is dropping? I did a search for news but
>> couldn't find anything.
>>
>> Mike
>
>
> XLE and IXC are SPDR's, index funds. Your fund is following a similar
> path.
> It's dropping because energy prices are dropping. I sold my energy fund
> last week, 3.43% ago.
>

Re: ICENX's Downward Slide

Suggest a good alternative to ICENX? Growth.

Mike

"Flasherly" <> wrote in message
news:
>
> I used to own them and will look. Interesting - Iraq's oil is being
> under utilized. There simply isn't enough capital reserves being
> deployed to develop its national interests. King Abdullah is doing his
> part, and doesn't want things to get out of hand, but people just are
> not buying it. Meanwhile, the reserves are rising up and production
> isn't really down.
>
> Mike wrote:
>> Anybody know why ICENX is dropping? I did a search for news but
>> couldn't
>> find anything.
>>
>> Mike
>

Re: ICENX's Downward Slide

Mike wrote:
> Suggest a good alternative to ICENX? Growth.

If you don't mind Vincent Van Gogh.

Re: ICENX's Downward Slide

Got nosebleed looking at the graph. What are they doing right and is the
party over?

Mike
\
"Flasherly" <> wrote in message
news:
>
> Mike wrote:
>> Suggest a good alternative to ICENX? Growth.
>
> If you don't mind Vincent Van Gogh.
>
>
>

Re: ICENX's Downward Slide

Mike wrote:
> Got nosebleed looking at the graph. What are they doing right and is the
> party over?

Natural Gas Services Group, Inc., manufactures, fabricates, sells, and
leases natural gas compressors for use in the oil and gas wells, gas
transportation lines, and processing plants. It also manufactures and
sells flare tips and ignition systems for oil and gas plant, and
production facilities. In addition, NGS provides maintenance services
for the compressors.

I watched the disaster on a North Sea rig, where 165 offshore rig
workers were killed. They were unable to evacuate when a redundant,
in-use valve iced within after being improperly diagnosed, and
subsequently leaked a volatile source over the compressed, heavy-gas
transport system. The ignition point is speculative. Overall, U.K.
energy production went down 1/3 over a sustained level as a result.
You like gusto, these are your guys.

Re: ICENX's Downward Slide

I like gusto alot, but am I too late to the party?

Miek

"Flasherly" <> wrote in message
news:
>
> Mike wrote:
>> Got nosebleed looking at the graph. What are they doing right and is the
>> party over?
>
> Natural Gas Services Group, Inc., manufactures, fabricates, sells, and
> leases natural gas compressors for use in the oil and gas wells, gas
> transportation lines, and processing plants. It also manufactures and
> sells flare tips and ignition systems for oil and gas plant, and
> production facilities. In addition, NGS provides maintenance services
> for the compressors.
>
> I watched the disaster on a North Sea rig, where 165 offshore rig
> workers were killed. They were unable to evacuate when a redundant,
> in-use valve iced within after being improperly diagnosed, and
> subsequently leaked a volatile source over the compressed, heavy-gas
> transport system. The ignition point is speculative. Overall, U.K.
> energy production went down 1/3 over a sustained level as a result.
> You like gusto, these are your guys.
>

Re: ICENX's Downward Slide

Mike wrote:
> I like gusto alot, but am I too late to the party?

Expensive party if you drove home recently ($40K dwon on $100K since
the 1st).