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To: SargeK who wrote (61698)3/7/2000 2:57:00 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
SargeK = Lost opportunity...

Come on, give it a rest already. You should have diversified more. Slider has every right to gloat imho.



To: SargeK who wrote (61698)3/7/2000 3:41:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
FGH down over 60% YTD and can't break $7.50 Sarge ??? FGH SUCKS !

... didn't you read Mr. Nosh's comments, I just did and had to laugh. He's right you know.

FGH has hit resistance at $7.5o - what 3 times since December and can not break through ? Sarge - I see Institutional selling on EVERY sign of strength.

FGH has very badly trailed virtually EVERYTHING in the oilpatch ?

You truly have blinded yourself to reality in this stock.

SargeK - HELLO ! WAKE UP MAN - we're making 30-50% runs all over the entire sector - people are doubling their money here since December - FGH is down a couple of tic's from that high ?

Pull up a one year chart Sarge - the trend is a perfect freefall 45 degree angle, no trend has been broken.

Bottomline: 95% of all individual investors in FGH are still 35-50% upside down - it doesn't even matter untill FGH hits $15 to $18 for YOU and virtually ALL other FGH holders - get over it !

FGH cost you tons of money sitting in deadmoney - period.

Game, Set, MAtch - put a fork in it - its over.

Again, come see us when she hits $27 and you have made at least a market - respectable 30%; I cant understand how you can even show your face untill then ?

Have you no pride ?

... well; given Cityscape & HMAR's Bankruptcies - I guess we know the answer to that...



To: SargeK who wrote (61698)3/9/2000 8:55:00 AM
From: SargeK  Read Replies (4) | Respond to of 95453
 
FGH, Snapshot and Comments

Following a 40%+ increase in share price since Feb 22nd , expected, profit taking began during the afternoon of Mar 7th and continued through yesterday. I expect the UP trend to resume today and continue indefinitely with occasional pauses for digestion & profit taking. As a clearer picture of this year's revenues and profits begin to emerge, volume will increase along with volatility. There will be plenty of opportunities for trading and accumulation over the next few weeks. Long term, FGH will most certainly be a primary beneficiary of fabrications, modifications, re-builds and new built semi's and vessels. The need is growing and so will the availability of capital, "$76 billion in deepwater spending forecast for 2000-04.....Analysts Douglas-Westwood Ltd. and offshore industry data specialists Infield Systems have projected total spending of $76 billion on deepwater oil and gas projects worldwide in five years."

FGH has the facilities and having completed the appraisal of Halter plant and equipment, they will begin large scale liquidation of non-core/non-strategic assets, providing for reduction of debt and funds for expected increases in operations. Announcement of the "Letter of Intent to Sell" the yacht division (acquired from Halter) is just the first of what I EXPECT over the course of the year.

Heartening news for FGH Longs...
by: fgh_long (40/M/New Mexico) 3/8/00 10:44 pm Msg: 5386 of 5394
IBD shows that the Accumulation/Distribution rating for FGH has changed from B (moderate accumulation) to A (heavy accumulation). According to IBD (and legendary investor O?Neill), this is the key indicator that shows whether to expect a surge or drop in a stock's price. "A" should mean a surge, though it may take several weeks of "B"s and "A"s to finally chew through the overhead resistance i.e. to buy out all those who were willing to sell/short at $5, $6, $7, $8 etc. messages.yahoo.com
COMMENT: This indicator provides further support to the previously posted significant increase in the NUMBER of institutional BUYERS and the significant INCREASE in institutional investments in FGH. insidertrader.com The indicator provides further support that the current TREND which began on Feb 22nd will continue.
Chart: (Enter 2/22/00) bigcharts.com. 2%2F22%2F00&x=17&y=20

BigBull: "Not looking for FGH to go ballistic by any means just a good solid run to 10 from 7."
Message 13083803

COMMENT: If BB is correct, the short term expectation of a RUN to 10 from yesterday's close at 6 5/8 represents a 51% gain.

Slider on YAHOO: "by: SliderOnTheBlack 3/8/00 4:06 pm
Msg: 5361 of 5394 YOU ARE AN IDIOT - read the Merill report - that specifically addrssed the ACCOUNTING QUESTIONS !

Shorts drive FGH into the dirt tomorrow - you'll see a new low tomorrow !
Crude down $3 and shorts all over.

MAde some nice $ shorting the OSX mo's today.

FGH goes down hard tomorrow imho - I?d be out at the open boys (VBG) ~

when you going to learn ??? messages.yahoo.com

Slider on this message board, today: "I am a former "long". "I have NOW also lost confidence in FGH being able to operate its own God Damned business." Message 13130311

COMMENT: Sour grapes?? Up to his usual BOILER ROOM tactics; spreading the doom & gloom with hysteria and convoluted OLD news UNDER the guise of several aliases. The up tick in YAHOO FGH message board traffic by the BASHERS with NEW profiles is ALWAYS a positive indicator! Like Slider, I am posting this "because I can ~"


Support/Resistance:

50 DMA 6.37 (1st Support)
10 DMA 6.14 (2nd Support)
100 DMA 7.55 (1st Resistance)
200 DMA 10.27 (Final Resistance)

ciao'

SargeK

O/T Slider: "@*$^%@$#@$! ankle biters..."

"@*$^%@$#@$!" = SOUR GRAPES! >g<



To: SargeK who wrote (61698)3/18/2000 11:23:00 AM
From: SargeK  Read Replies (3) | Respond to of 95453
 
Awakening of the 700 lb Gorilla! Friede Goldman Halter, Inc

Comparisons to a couple of other fab's:

FGH has more NEW business on a comparative (per share) basis than does UFAB & GIFI has in TOTAL backlog. a/o 12/31/99 backlog of the latter 2 was as follows:

GIFI - - $38.9m/11.638m shares = $3.34 backlog per basic share
UFAB - $18.4m/6.773m shares+ $2.72 backlog per basic share

GIFI & UFAB price recovery is ALREADY underway:
GIFI - quote.yahoo.com
UFAB - quote.yahoo.com

In the past 3 months FGH has reported new and revised contracts of $261m (I broke this down earlier, so will not repeat.).

FGH - $261m/39.88m shares = $6.54 backlog per basic share
FGH - quote.yahoo.com

The $6.54 per share backlog DOES NOT include the $100m annual Maintenance and Repair business and NONE of the OLD backlog (profitable or unprofitable). The $6.54 per share backlog IS the WORST CASE scenario.

It is a GIVEN that conditions for the fab's is improving. I ASSUME FGH will secure a significant portion of the TDW new build contracts as they are released.

I am accepting as fact these statements: "The Company believes, based upon current estimates, that all of the earnings impact of unprofitable contracts as well as merger-related expenses have been provided for in the quarter." And, "The Company anticipates significantly improved financial results for the current year."
marketwatch.newsalert.com

I have strong (fundamental, technical, pshychological & analytical) reasons to believe SUBSTANTIAL price recovery for FGH looms in the VERY NEAR future. Many of these reasons have already been posted; but, I have new and broader perspectives based on recent developments and further research. If I were ever inclined to USE MARGIN, I would do it now; but, that is NOT a consideration in my game plan.

As of now, I am suspending EVEN modest trading because I do not wish to be in the position of trying to play catch up when this 700 pound gorilla comes out of hibernation. EVEN the NET NEW shares acquired in the 5s WILL NOT be sold for less than $20. FGH has a history of MOVING VERY FAST on the break. I will not be left on the sidelines with ANY of my shares when the MOMENTUM players make their move. I FULLY expect to see million+ share VOLUME within 3 weeks and almost certainly by the end of April. This is NOT wishful thinking. If, Friday's close @ 6 « becomes the norm between now and April 6th, the 100DMA resistance will drop below 7 and become the NEW support and the 200DMA (final resistance) will drop below 9 «. I think any significant news (ie. Amethyst/Petrodrill settlement, new orders, etc.) will cause a run through the 9 1/2 technical and the 10 pshychological barriers like a hot knife through butter.

From the current base of 6 «, I FULLY expect a DOUBLE within 90 to 120 days and perhaps another double from that level by year's end. THE BAD NEWS is out and there WILL be a steady stream of positives as far as I can see. I KNOW others disagree with these views and that is their prerogative.

Consolidated information in the 8K will lay to rest many of the rumors and will provide the BASIS for complete and accurate analysis & DD, thus removing the final obstacles to my expectations of substantial price appreciation. FWIW

I am in this game for the long haul and I WILL make a helluva lot of money. BELIEVE IT OR NOT!

Good luck

SargeK