Forum Archive Index - May 2001

["nick" <helmett@xtra.co.nz>]

 

          I expect the huge volume today was sparked when the stock

hit1. 50c. Maybe many who bought at the float  took the opportunity to

sell before they went into negative territory.  Many buyers also surfaced,

pushing the stock off its low of 1.47.  

       1.47 is the price i payed for most of my shares last year, i was pleased

to see it bounced up from this today.   The weakness of the last week is i suspect

simply because the market as a whole is weak, rather than any bad news brewing.

 

      nick

Frucor down 4c to 150 with 5 million turnover.....not good...I am holding though...its just a minor dip...or that is what I tell myself