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Gold/Mining/Energy : PLRN - OIL!!!
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To: FARRIS who wrote (417)12/11/1997 1:53:00 PM
From: FARRIS  Read Replies (1) of 476
 
DaleB, your mail was returned. Call your broker's reorganization department.
The MMs have bought up close to 10% of the float since the reverse. They have not lowered the bid. I believe you will see them keep accumulating, then they will lower the ask quite a bit, along with the bid and start selling. They will not care to buy your shares at that time because their inventory will be heavy already. That is my best guess.
I am out for now. Sold privately -- that is why I told all of you ahead of selling myself. (Plus, I have some conscience.) (.25 for reference)
Eric
There may be opportunities here later, but the tax loss was worth it for me.
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