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Gold/Mining/Energy : UFAB - oil drilling deck fabrication
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To: andrew r harwood who wrote (163)11/28/1997 11:20:00 AM
From: Platter  Read Replies (1) of 337
 
Stock hit bottom today at $18.50, with offerring price at $18.00, look for big traders to step in. I saw the same pattern with IRIDF. Ran up after offerring then hit bottom at 17, then the stock just took off from there, up to the 40-50 range after a couple of months. The brokerage firms that brought the company public will also support stock here. Again check pattern on IRIDF (IPO).
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