Strictly: Drilling and oil-field services Message Board

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

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To: Big Dog who wrote (20736)	4/28/1998 11:13:00 PM
From: Thean	Read Replies (1) of 95453

BIG Dog, you ask technically what would happens if FGII breaks new high. If it closes above its new high then we will have another truckload of mo-mo jumping on board. It will fly! However, I don't feel comfortable providing any technical read until things are real close to a breakout. Then I can tell you the resistence level and intraday indicators and whatnot. If FGII opens tomorrow at $48, write that call immediately because FGII will come back to low 40's either intraday or next few days. Now, about next week OTC. What are going to happen??? What do you forsee happen. In reality this is where a lot of PE's get together but this is no investment show. This is not a computer trade show where Bill Gates will appear and MSFT shots up a few point just because, right? So, what do you think is the impact of OTC on the driller stock price?

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