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: drsvelte who wrote (37360)2/11/1999 5:57:00 PM
From: VLAD  Read Replies (2) | Respond to of 95453
 
drsvelt,

FLC closes at its intraday low again 3 days in a row and reaches a new 52 week low at 6 1/16. Then AFTER the bell the DRW report comes out on the main internet news wires:

biz.yahoo.com

Someone bought 250,000 shares at 6 1/4 this morning:

biz.yahoo.com

Often times the specialist will move the stocks price in a direction which will allow a fill on a large buy/sell order.

I hope this was the final capitulation by the weak hands. If not they should just proclaim that FLC stock is now available to whoever wants it for FREE because oil drillers have no future in the world economy.