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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 296.96-0.7%Nov 12 3:59 PM EST

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To: Stock Watcher who wrote (11476)6/30/1999 2:36:00 PM
From: Francois Goelo  Read Replies (1) of 52051
 
S.W, I have been predicting a move for FRTI for donkeys weeks. IT's HERE!

I have been trading FRTI since mid January and have ridden it from $6 5/8 to a close of $17.50, 3 days later. That came on the news of a joint venture with a brokerage which didn't eventuate because important pieces of the brokerage got sold to another party. The stock naturally folded back...

In the last couple days, it started to MOVE AGAIN on STRONGER VOLUME, indicating we should be nearing some important News Releases: it could be the awaited deal with another Brokerage, financial results on completion of an audit by KPMG, announcement that it is fully reporting, announcement that it's applied for listing on NASDAQ, etc...

Whatever it is, I feel it's going to be big and the stock will move very substantially, perhaps to $20.0 or more. Would you believe that I am long the stock and probably biased about it? NO?...

Regards, F. Goelo + + +
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