Forum Archive Index - February 2001

[Greg <g&jelliott@xtra.co.nz>]

Title: Re: [sharechat] FORCE-BUY???

Further to the discussion on FOR, I tried to buy some today through my broker (CSFB) but they said its not a very liquid stock and the most on offer were 47,000 shares. Even if the price doubled, there wouldn't be alot in that after brokerage. I'd need a higher volume to make any transfer worthwhile. However, as an amateur trader, maybe I have misunderstood the game. Disc - decided not to buy.

G Elliott
> From: "Greg McDonald" <gregmcd@world-net.co.nz>
> Reply-To: sharechat@sharechat.co.nz
> Date: Mon, 12 Feb 2001 21:59:01 +1300
> To: <sharechat@sharechat.co.nz>
> Subject: Re: Re: [sharechat] FORCE-BUY???

> Thank-you (G stolwyk) my light-saber is on the line.....
>  
> I believe that FOR is currently a 'good-buy' ( I don't normally say 'good-bye' to money).
>  
> The market will decide tomorrow if it agrees.
>  
> I do believe at these current share prices FORCE is certainly undervalued (average long-term price around 45-70 cents per share).
>  
>