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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Michael Berkel who wrote (4674)12/9/1997 2:49:00 PM
From: Big Dog  Read Replies (1) of 95453
 
Michael, I honestly don't know. What I do know, and have said here many times, is that FGII is going to make "alot" of money (and will likely surprise us with some "interesting" deals). Now what is "alot" ? I don't know how to quantify these things. Your reasoning sounds as logical as anyone else and has just as much validity as anyone else.

My plan is to stick with these companies that are making money hand over fist and hope the market rewards them with higher prices.

I think you made a good buy on those Feb options, but I would not pass a nice rally to sell 'em and buy 'em back on a dip that will be sure to come before Feb. That is why the premium is so fat...this stock moves up and down alot. Don't just sit there and let your premium decay. Trade it.
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