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Microcap & Penny Stocks : Arcon Energy .... Another Sleeper

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To: Big Dog who wrote (518)2/7/1998 2:14:00 AM
From: Ga Bard  Read Replies (2) of 626
 
They have a $45K attached to the MIDL shell that they are negotiating right now and will just pay it off with cash and put the issue to bed. BTW the MIDLP can qualify for NASDAQ. It has held the price and I think we might see that in the near future. This would assist the common also, but the warrants is brokers coming in I believe. Historically when the warrants get attention the common is not far behind. The common is now worth $31.50 per share and trading for $20.00. Interesting senario. I think the warrants will be heading to $.50 and the common to the $1.50 as the prefer goes to $25.00 within the next couple of weeks.

Happy Trading

GB

GB
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