American Resources of Deleware (GASS) 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 : American Resources of Deleware (GASS)

GASS 7.740

-1.5%

Feb 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tony mendoza who wrote (67)	5/6/1997 7:38:00 AM
From: Ed Ajootian	of 172

Tony, Disapointing that they couldn't pull the trigger yesterday, but hopefully we'll see some action today. Welcome back to starship GASS! I really think you will have a smile on your face when you sell this position. I am encouraged by the downtick in anticipation of the release. This appears to indicate that the convertible bond holders are shorting in recognition of the likelihood that the stock will run up once the release is out. They are trying one last time to get the GASS stock price as low as possible for a 5 day stretch so they can convert at a low price. BTW, nat. gas prices have recovered from their post-winter lows and are confounding the pundits with an average price of around $2.25 for the year. Oil is also holding up well. The XOI index has been going nutty of late, up 2% just yesterday. The microcaps don't directly track their big brothers but usually there is a general correlation between large cap O&G equities and the microcaps.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next