FLC Falcon Drilling Message Board

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Gold/Mining/Energy : FLC Falcon Drilling

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To: Gary105 who wrote (429)	7/26/1999 1:47:00 AM
From: Spaw	Read Replies (1) of 461

Greetings... Reading this summer's S&P Outlook led me to have a look at FLC. The chart is poised nicely, with the price just under the 200 day moving average, which is about 10 11/16. With earnings this Monday, I believe I will go in with a buy stop at 10 7/8 for Tuesday's trading. The other strategy I am contemplating is straddling. Best case would be a move above 11... VERY bullish would such a thing be. --spaw--

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