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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Rainier who wrote (36820)2/4/1999 8:29:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Mike/Rainier; "BINGO !" - and that's the rest of the FGI story...

I rest my case .

Thanks for the help; Great post - good homework !

I agree - owning this stock on a solid leg up - will be like having 2 ''nitrous'' switches to ''flip'' when we reach the high RPM mode here...

$15 tomorrow would STILL be a BUY imho !



To: Rainier who wrote (36820)2/5/1999 12:13:00 PM
From: JungleInvestor  Respond to of 95453
 
Thanks much for sharing your research. If Slider is correct and it is a hedged position at an average lock-in cost in the 20's, then the hedging party may be gradually buying long at these low prices to take the profit on the short side, and maintaining only the long side of the hedge because they anticipate an upward movement from here .