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Strategies & Market Trends : Small floats like FSH and SIEB -- Ignore unavailable to you. Want to Upgrade?


To: Paul Tran who wrote (3)3/26/1998 8:44:00 PM
From: m-top  Respond to of 12
 
Paul, thanks for the post on AGR. I like the chart - looks like something to keep an eye on. May consider a trade in the near future (probablly befor the split) if I continue to like the way it trades. I still feel SIEB has greater potential, though not without its risks. SIEB is the stuff corners are made of. I'll wager on that any day of the month with the right technical underpinnings. Not for the faint of heart though. AGR actually has a rather large float hence not as attractive to me. However, it trades extremely thin which can make it trade like a low float issue. Can't speak to the fundamentals though - don't follow them. Another poster on the SIEB thread mentioned KWIC. Similar situation to SIEB. 3/1 split forthcoming with 300k shs float. Keeping an eye there too. Unless your technically oriented, probably better to steer clear of any of these issues.

Good luck with your trading.



To: Paul Tran who wrote (3)3/26/1998 9:10:00 PM
From: Bellvie  Respond to of 12
 
Glad to see a thread on small floats, especially as it pertains to FSH. What are the positives and negatives to small floats? Perhaps the implications of sf's are blatantly obvious, but I have not been able to find info on this subject.

I expect a small float is advantageous to a Lee strategy somewhere down the road. Is the FSH deal an example of a growing trend? If so, this thread is very timely, indeed!

Thanks.
-Bell