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Gold/Mining/Energy : Fox Energy Corp. - FEC on ASE -- Ignore unavailable to you. Want to Upgrade?


To: David Michaud who wrote (48)5/16/2000 4:51:00 PM
From: oilfinder  Read Replies (3) | Respond to of 54
 
The problem with FEC and all the other juniors is that they are very unlikely to ever reach critical mass to generate the interest that would ensure LIQUIDITY. If you can't buy or, more important SELL large positions in a stock you are dead in the water. Case in point, average trading day on FEC 26,500 shares or less than 8,000 dollars at today's price. the only hope for someone to make money in these illiquid stock is a buy out. It is one of the reasons that oil and gas investors are moving to the big market cap stocks.

Oilfinder