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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 277.40+0.1%12:12 PM EST

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To: Stock Watcher who wrote (9173)5/20/1999 12:10:00 PM
From: Francois Goelo  Read Replies (1) of 52051
 
S.W, I don't know much about FTGX. If I owned the stock, I would probably...

sell it when I read about this type of financing deal which certainly doesn't appear to be advantageous to shareholders, to say the least, when the stock trades above the $4.00 mark.

biz.yahoo.com

It reminds me too much of BHUB. Today it traded pretty close to the $7.00 I anticipated yesterday on your thread. If the newly converted stock (in 30 days) is free trading, look out for the share price! This is definitely an insider's job, including payment of interest on the preferred shares, so they're not even out of pocket on their bank loan. Despicable stuff: I hope the Street has a good memory; I know I do.

Regards, F. Goelo + + +
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