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To: SliderOnTheBlack who wrote (58691)1/19/2000 9:52:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Trading FGH; curious as to how many jumped on the "market" price at this open (VBG).

This will be interesting action today. I don't think shorts are going to all just panic & cover at the open - but, we may see lots of small investors get a bit euphoric and enter all those market orders to buy the open; lets see where we go from the open.

I'm looking to sell at $7 today - for a 80% margined trade from $5 - $7; there will be lots of opps here going forward in both directions...

I sold a tinch yesterday - couldnt resist.

I think I can daytrade this open as well - we be going lower than the "sucker" open... watch



To: SliderOnTheBlack who wrote (58691)1/19/2000 10:11:00 AM
From: ramcc54  Respond to of 95453
 
Slider, thanks again for your comments, I will keep them in mind hopping to see or find the answer to the points you have made.

I am leaning to the optimistic side of this story, but lately I have had little to optimistic about. Perhaps today will be a good start moving forward from here.



To: SliderOnTheBlack who wrote (58691)1/19/2000 10:59:00 AM
From: S. maltophilia  Read Replies (1) | Respond to of 95453
 
<<FGH...then apparently
announced a TOTALLY unexpected asset divestiture program and looks to be streamlining into a pureplay Rig Construction Company.>>

Did I miss a clipping from the Gulfport Weekly Shopper posted to Yahoo? We know that FGH is getting rid of a spare headquarters site and some small yards. We also know that they will be actively disposing of nonessential assets, whatever that might mean. But where do you get that they want out of the boatbuilding business, especially after the recent contract announcements. They were no big deals, just business as usual.