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To: SliderOnTheBlack who wrote (51196)9/15/1999 3:00:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
FGI - HLX: what happens if they short FGI to $9 ? Will HLX want more $ yet ?

$9 gives HLX $5.13 - would they take that ???

C'Mon - I just threw out the "who's short" thing, to stir up some commentary on this... seriously; Professional traders should short FGI non-stop untill the merger closes... and I think they will; unlike anything this stock has seen yet. FGI is a short - "plum' - very, very little institutional ownership; sitting at a $10 margin point, they run $10 they trigger some "Calls" and they take out the sell stops as well imho.

FGI longs had better be deciding in a hurry - what they want to do and where they make a stand...

Also; if FGI can not find the buying support to fend off this short run; what makes anyone think that there will ever be they buying support to run this up to any major degree later ?

At the very least, this battle will signal to the FGI longs - what kind of upside they can expect later...

Lookout below imho... shorting FGI here is a Hedge Fund Gravy Train.

Dig in guys.... the mortar rounds are incoming...