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Strategies & Market Trends : Asia Forum

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To: Stitch who wrote (2420)2/27/1998 11:38:00 PM
From: Zeev Hed  Read Replies (1) of 9980
 
Stitch, I have been looking at FAMCK as well (I believe that Bonnie Bear on Mohan's thread brought it up), the spreads are huge and the trading thin. One reason I have not jumped in, is that it is associated with the US Farming sector. I think that 40% of our agricultural export was going to the rim, and this might fall, bringing prices down, and at least a short period of uncertainty for the agricultural sector. Because the stock is thinly traded, it could fall down just as rapidly as it has risen. Long term, (and I mean 10 years) this one looks like a multibagger.

Zeev
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