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 : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Nemer who wrote (213)	8/11/1998 5:05:00 PM
From: Mike Farrar	Read Replies (1) \| Respond to of 7247

Family Golf Centers (FGCI) is ready for a 20-40% upside movement. Earnings out Thursday. Estimates lowered from .20 from .30 on some acquistion costs. Will beat earnings and send 3.7 million shorts ( on a 15 million float ) scrambling to cover their positions. Earnings run up and shorts covering will give FCGI a double fisted punch back into the upper 20's IMO. Good luck to all. Also check out ITRI . Stock beat up by shorts after restructuring. Super solid support at 10. 28.2 days to cover on short ratio. Heard rumors of a big contract announcement soon. ITRI could pop 2-3 points up in day on short covering alone.