Arcon Energy (MIDL Presently) The Ultimate Sleeper Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jeffrey rainey who wrote (1190)	5/27/1998 9:12:00 PM
From: Mike Roberts	of 4142

Damn, no risk-free profit for me....After giving my brokerage the TA's number to confirm what I had told them they said the warrants could not be exercised until they were received in clearing.... With multiple market makers arbitraging, why wouldn't this close the gap? Who is holding the warrants down or keeping the common up? I'm really doubting that it's because people are not in the "know". These MM's and ourselves understand the blatant price discrepancies and they should have been brought in check as soon as ARcon signed the papers earlier today. The market makers cannot short the stock too low or the gap disappears and they lose the easy money. Can anyone figure this out? Again, WHO is keeping this stock more than .50 cents above the warrants? So far, I have not found one person in the business who could explain this....Anyone else know???

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next