Friede Goldman Halter (FGH) Message Board

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Gold/Mining/Energy : Friede Goldman Halter (FGH)

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To: Razorbak who wrote (165)	5/5/2001 10:47:38 AM
From: rocklobster	Read Replies (1) of 177

Depends on when you value FGH. LOL it went out at .19 the last day of trading and closed at .42 friday on the news of the filing with BK court to throw out the non profitable petrodrill contracts. So it's already a double for anybody with an iron stomach that got in the last day or after the BK. Although, as an old time strictly drilling aficionado, I remember trading this stock when it was in the $30's and $40's. I couldnt believe it was down in the sub $1 range. I am holding some long shares now, but I expect the volatility to continue. This can be a great trader if you can get the timing right. LOL.. but I guess that's true of about anything..heheheehe.. rok

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