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


To: Zakrosian who wrote (91)10/24/2000 9:43:41 PM
From: Adelantado  Read Replies (1) | Respond to of 177
 
That's what I thought: that FGH activity follows the amount of petrolium pumped and transported since it services that industry instead of the price of petrolium. It appeared to me that the lower the cost of petrolium the more oil is pumped and transported, thus more business for FGH, increasing its market value. But as the price of oil fell, and the volume rose, FGH price fell too. Now that the price of oil is higher than even, the market continues to ignore FGH and lets the price sit at the bottom of the well, so to speak.

I'm begining to conclude that FGH value relates more to the numbers that appear on a pair of dies that I use to make important decisions above my ability to decide.

Maybe I should had gone to one of those "A" schools that doesn't bother teaching basic economics.