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Gold/Mining/Energy : Friede Goldman Halter (FGH) -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (84)	9/18/2000 4:46:46 PM
From: Mark Adams	Read Replies (1) \| Respond to of 177

Sam, It was Jeffries that suggested the $15 target. And I didn't see the report- just a summary with the target. I remember at the time I wondered just how substantial of a research firm they were, given the rather blatent attempts at manipulating stocks we've seen recently (eg, Emulux). I've actually been considering paring my position on today's strength. I didn't though. The cause of this thinking is the upside vs downside. If the upside is $15, or a double, and the downside is $0 if liquidity kills them, it just doesn't seem like the kind of bet a conservative investor should take. Perhaps a Trader with a tight stop loss... I liked the strength in the face of the broader move to the downside. I also noted that two other stocks mentioned in the same article, WLM and RIGS didn't have near FGH's move. After looking into these two picks saturday, I concluded that the money manager wasn't afraid to take risk, but then that is what he is rewarded for. Note that it's with other peoples money that he is taking this risk. netcognizance.com netcognizance.com ideaadvisor.com ideaadvisor.com