Forum Archive Index - February 2000
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Re: [sharechat] FLB
Don't be alarmed at HLG dropping so much. I guess someone had a good reason
for selling (known only to them) and I was certainly pleased to pick up
their shares. I reckon HLG is a good company and look at their div. Hope
they keep paying it! Regards
-----Original Message-----
From: Brett & Leeanne Phillips <bret-lil@ihug.co.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Saturday, 19 February 2000 20:31
Subject: Re: [sharechat] FLB
>Hi,
>
>Can anyone explain to me why FLB had such a quick increase in share
>price(after what I thought was a good profit result,) then an even faster
>drop in price to the levels it had been trading at earlier in the week.
What
>did I miss??? Why also did HLG took a dive of 19 cents. I'm starting to get
>paranoid about buying some of these stocks, they keep dropping 10% just
>after I purchase.
>
>I hope we don't see major sell offs on Monday after the Hiccup today in the
>US. Remember the NASDAQ is still at an all time high and only lost a small
>percent of it's recent gains. Keep positive there is still plenty of good
>stocks in NZ that are way under valued and have excellent prospects.
>
>Good luck to everyone on Monday. My pick for the stock of the week will be
>HLG when it regains the 19-20 cents it lost on Friday.
>
>Cheers Bret
>
>
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