Boots & Coots Intl. Well, Inc. (WEL)

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The Company provides a suite of integrated pressure control and related services to onshore and offshore oil and gas exploration and development companies, in North America, South America, North Africa, West Africa and the Middle East.

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Avatar dbhealylongonly (48.58) Submitted: 5/13/08 2:30 PM : Start Price: $2.11 WEL Score: 52.79

I've been watching this stock for a few months now, and lament "missing the boat" when I could have been along for the recent ride up. In any case, I am still very bullish on WEL, and the niche market they serve. Regardless of the high price of oil, they provide a service that drillers need in any economic environment. Also a hedge against a Democratic victory in November - Iran will be burning in no time if McCain gets in, and WEL will be there to put out the fires.

CAPS Rating - 5 Stars [233 outperforms / 8 underperforms]

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Avatar dbhealylongonly (48.58) Submitted: 5/13/08 2:31 PM

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2008/5/13 - Bought 100 shares @ $2.11

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Avatar TDRH (100.00) Submitted: 5/14/08 1:39 PM

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Be patient with it, I bought in at $1.80 and watched it drop to $1.23. I believe the parent company Simmons group had been selling shares. I would like for it to make it to $2.40 to cover my rent, but I think I am going to sell at $2.20.

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Avatar dbhealylongonly (48.58) Submitted: 5/14/08 3:44 PM

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Yeah, I really don't know what to make of these extremely small capitalized companies over the long run. I have such little invested that I'll probably hold on until it ends up being a 10-bagger or a complete failure! This company will be in my portfolio for a long time, methinks.

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