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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (7008)2/3/2002 12:26:57 PM
From: TheBusDriver  Read Replies (1) | Respond to of 36161
 
Something is cooking with FGX. I keep a close watch on this stock. The big block at $7.15 is almost gone now. Lots of small sellers kept puting in small orders in front of the 7.15 block and they kept getting sucked up. There was also a big block on the bid at $6.90 supporting the stock price. Now that has moved $7.10.

New block at ask now at $7.25 (10k) could limit action unless volume can be maintained. The action of Friday was very positive with 2k buys at the ask. If we keep this up, we will fly.

I personally think somebody knows something we don't and it is good. BWDIK?

FGX and BAY are my biggest holdings. I sold a bit of FGX a while back. Holding on to the rest for now.

Wayne