Forum Archive Index - February 2001

["David" <davida@wave.co.nz>]

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

Force is not always liquid but the last few days have been there was 160k sold/bought today,350k 12th,146k 9th &132k 8th 

-----Original Message-----
From: owner-sharechat@sharechat.co.nz [mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Greg
Sent: Tuesday, 13 February 2001 8:47 PM
To: sharechat@sharechat.co.nz
Subject: 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).