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

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To: lilbully who wrote (176)5/12/2001 6:20:53 PM
From: rocklobster   of 177
 
I surpassed my breakeven point and exited, although it does look like FGHLQ may be able to make it through this mess. I'm just happy to be out whole. Actually it was my biggest percentage win all year. What a lucky break. I have another stock in BK VYTL that hasnt been so lucky, and hasnt came back to trading at all, but luckily my FGH made up for that by a big margin. I had much less VYTL and entered it way before the BK, at $3.

Good luck to the longs, I hope everyone does well. My opinion from the start was that JL Holloway would at least try to pump up the stock long enough to exit some more of his position.

I would be watching very closely for any selling from Holloway, and I would consider that a serious tell whether the company will survive the chapter 11 or not. If Holloway starts dumping at some point, I wouldnt have much confidence in the reorganization. all my personal opinions of course

rok\
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