Strictly: Drilling and oil-field services Message Board

STOCKTALK

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 : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Thomas M. who wrote (2682)	11/3/1997 8:19:00 AM
From: Big Dog	Read Replies (1) of 95453

On FGII -- Following from Right Line Report: rightline.net (free two week trial available) Fride Goldman (FGII) - FGII was the featured play last Sunday and got slammed as did all stocks.ÿ However, they reported blow out earnings after the close on Wednesday, and the darn stock opened two points lower Thursday.ÿ In what turned out to be a delayed reaction to the incredibly strong earnings report, FGII waited until Friday to move as it moved up 2.68 to 39.81 on the day.ÿ But the impressive feat was its 14.31 point (56%) move up from Tuesday's low of 25.50.ÿ Its resistance still remains at the 40 level which it tested Friday.ÿ Should FGII break 40 and hold it, it should move higher and possibly quite sharply if we have positive market conditions.ÿ FGII is now optionable as well. Ps. Thanks to all for the great info on options! mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next