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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: paul feldman who wrote (33331)12/22/1998 12:01:00 PM
From: marc chatman  Read Replies (1) of 95453
 
It looks to me like FLC is being shorted right into the ground; the trading pattern reminds me of what I've seen in previously in VRC. I'm almost tempted to piggy-back on the shorts; it's a nice %age gain for them. But I would have to play it for huge volumes to make it worthwhile, and I'm not that confident.

Of course, I could be wrong about the shorting, but the volume and movement suggests some organized behavior, not just funds dumping.
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