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sbtrader

07/23/06 9:14 PM

#9519 RE: hopfull #9518

After watching this group all weekend I believe that if this stock drops those shares will get sucked up fast by people like us. There seems to be a lot of people who want in or want more like me. Harris said the float is gone which may make it difficut for us to get shares if no one sells.
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digiwench

07/23/06 9:19 PM

#9524 RE: hopfull #9518

Again, I'm just going by past performance, but the DTs like to make their 35-50%.

Think about last Monday. The Friday before the weekend, the stock had risen ever so slightly from the .15c low, and was hanging out around .22. Over the weekend, everyone all over the internet was discussing the details of the merger, and it was a collective "holymotherofgod" moment. That Monday, the stock started running, and ran up over .50c. Then in the afternoon it rolled back. The day it ran up to $1.50, it rolled back nearly 50c in the afternoon. Thursday it ran up to $1.57, and rolled back nearly .50 cents again.

I would think the Daytraders are now used to getting almost 50% from their trade on FHAL, and that may be what they're hoping for again.

Just a thought.