Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LastShadow who wrote (2026)	7/30/1997 3:05:00 PM
From: PacMac	of 120523

Thanks for the assessment. What's notable about the stock is (1) sales and earnings from the last quarter were PISS poor, yet the stock didn't tank. (2) The volume has been huge for two days in a row. I mean UNprecedented volume, with the price steadily advancing. (3) Apparently, Fimg's technology is first rate, but they have no marketing power or resources, hence they have been looking for a larger company to buy them out (under sweet terms, no doubt). To me, it all kind of makes sense. Why else would somebody want to acquire, in numerous 10,000 share blocks, a company whose fundamentals suck? If "volume always preceeds price," I'm betting we're going to see an explosion in price in the next few days. pacmac (in for 2000 shares)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next