SI
SI
discoversearch

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.
Non-Tech : IMPCO Technologies (IMCO), formerly AirSensors (ARSN)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RMP who wrote (51)12/16/1997 7:20:00 PM
From: Steve Whitney  Read Replies (1) of 298
 
G'evening.
I must agree with your last paragraph and submit the following analysis for further consideration.
IMCOW(the warrants) ceased trading on or about Dec.8th.,three days before the 5p.m.Dec.11th deadline for excercising.
I have observed a warrant price range of 1 3/8 to 2 9/16; the chart pattern for the warrants understandably mimmicks that of the host security(http://www.bigcharts.com Use the 'compare to' button for IMCOW and IMCO ).
The terms of the warrants: Exercise two(cost between 2 3/4 and 5 1/8, depending on when they were bought i.e.2x1 3/8= 2 3/4; 2x 2 9/16= 5 1/8 and shell out another $7.50 for the privelege of owning one share. This means that some now own shares which cost them (without commission costs) 7.50+ 2 3/4 = 10 1/4 and others 7.50 + 5 1/8 = 12 5/8.
'A sellout day'. Mebbe an acceptable explanation, imho, for a half point drop but 1 3/4 suggests either irrational selling( it's been happening a lot in the market lately, as if you needed to be reminded, right),or, I suggest, realisation that slowing revenues anounced the other day and now entry into the R&D field will cause a price rise slowdown and some investors want to switch trains. How about end of year selling? Caution advised before picking up more at todays price?
vectorvest.com
yt SW.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News