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Message: RE: here they go

RE: here they go

posted on Jan 14, 2005 10:56AM
And they again are alone at the bid. Very intriguing in that there were 3-4 MMs at .285 while FLCR was at .286. They drop their bid to match others at .285, a few trades go through at .285, and the other MMs just fade away, with FLCR back in control. They must have pretty good resources for visibility to see how weak the other MMs were, drop the bid, let a few trades go through to remove other MMs, and then step back into control to get those shares a little cheaper for the supposed buyer. I now expect similar actions till we get some news....

I do have a little concern based on EL`s observations on the FLCR name ``Fulcrum``, and that a fulcrum is the pivot point for a lever. Not sure of how concerned to be (if at all), but that`s an interesting ``handle`` for a MM firm catering to large investors. Do they specialize in facilitating leverage buy-outs?

In any case, assuming accumulation, somebody is sure interested in what we`ve got, and that can`t be a bad thing. And that I do KNOW.

Other than that, I KNOW nuttin`!

SGE

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