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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (5595)2/8/2000 2:54:00 PM
From: gemsearcher  Read Replies (1) | Respond to of 7235
 
FM has played this one beautifully.

First they put a lid on the stock @ $1.99 yesterday after it hit $2 and looked like it might run.

Today , Messina announces deal could close as late as the 28th. Index funds who stayed in to see if the stock would pop on Messina news sell into the bid , as they have to be out by the 18th.

Then , lo and behold , who starts crossing?

What's the old maxim - you want to buy a stock, make it look like chit first.

Regards.