Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: lostmymoney who wrote (3406)	10/21/2003 11:46:18 AM
From: Ken W	Read Replies (1) \| Respond to of 23958

Mikey "What is the deal with FORG...LOL" Hard to say who or why FORG keeps selling down..I suspect there is a hedge fund playing the stock to the downside over the recent software company buyout. Royce (institutional trader) has been the only net seller that I can find on the quarterly reports..they have about 200k shares left as of 9-30-03 so they should be out of the way in time. LOL The other thing that may have the little guys bugged is that the CFO sold some (about 44k shares) from options that he excersised at 1.30ish to 1.70ish. Other than that I can't find any reason to sell the stock. Next moderate support level is at about 2.50..I've added at 3.00, 2.75 and am shooting for 2.50 next. This may have to become another CDIC type of stock over the next couple of years...adding at the 10 and 20% levels, then trading each tranch back to the upside...ya gotta have a plan to get even with the damn market makers, right? LOL Ken