SI
SI
discoversearch

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 : 30% UP IN THE NEXT 72 HOURS -- Ignore unavailable to you. Want to Upgrade?


To: JRR4 who wrote (705)3/18/1998 11:35:00 PM
From: oldcrow  Read Replies (1) | Respond to of 1121
 
Here is a super momentum play.

Fine Host (FINE) was a 43 dollar stock last fall. Improper accounting procedures tanked them to low teens followed by an SEC halt. An informal SEC investigation was completed, no blatant wrongdoing was identified, and FINE was allowed to resume trading on Mar 3.

It hit a low of 2 9/16 a couple of days later, then more than doubled to 7 1/8. It has traded between 6 and 6 3/4 reliably until to day...

The last hour or so of trading unveiled a sudden drop to 5 1/16 followed by a surge back to 5 1/2 (where it sits now).

Public documents have indicated no loss of contracts, excellent contract retention, with 7 new contracts secured....details of which will be released soon. They possess a 100 mil cash position, but do have 13 lawsuits pending (wow).

Complete and revised financials are due out very soon as is the news regarding their new contracts. Here is a site to review past volume and price action:

tradepbs.com

No question the stock makes great swings.



To: JRR4 who wrote (705)3/19/1998 10:55:00 AM
From: JRR4  Read Replies (1) | Respond to of 1121
 
DGIV from .66 Close Tuesday to 1.08 Close Wednesday to 1.50 now on news of three IBD articles and news by end of month.