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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: dfloydr who wrote (51612)	9/22/1999 9:43:00 AM
From: marc chatman	Read Replies (1) \| Respond to of 95453

My problem with shorting FGI is that I won't short anything. <g> If you are long, and your stock gets wasted, at least you still own something and can wait for it to come back, if appropriate. If you are short and your stock takes off, you own nothing. I learned the hard way. I prefer puts if I want to bet against a stock. I don't recall, but it should be fairly easy to check -- what happened the last time FGI made a new contract announcement? I recall a news release some time ago, which was posted very quickly here, and there was lag time of about 10 or 15 minutes where the stock didn't move, and then it rose quickly perhaps a couple of points.