SI
SI
discoversearch

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.
Gold/Mining/Energy : Solv Ex (SOLVD)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Coakley who wrote (2974)5/21/1997 8:43:00 PM
From: Gary L Schultz   of 6735
 
<Rumor: One mutual fund liquidated 300,000+ shares over the last few days ONLY because the price passed it's stop loss level. NO OTHER REASON. Neither the 10Q or the crap from you shorts led them to do it. This short rally is causing alot of selling, but, the fundementals are still intact. >

Dave,

So, some mutual fund unloaded 300k plus shares on the grounds that SOLV hit their sell target. I can't think of a better reason myself to sell. It sounds like disciplined trading to me.

What fundamentals? They suck Dave. Come on! Their lease is worth only what they paid for it (around 850,000.00) nothing more!

Good luck. Try to stay away from fermented pineapple juice Dave, it's affecting your judgement.

Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext