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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)

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To: Jeff Harrington who wrote (138)2/12/1998 4:54:00 PM
From: Ga Bard  Read Replies (1) of 1757
 
Jeff the only way is for the company to dilute the float and sell stock to the MMs to cover. NOW that is BS because look at MDCE they sold millions to cover and they have been shorted down again HOWEVER the bid and ask is close BUT people are ticked for the stock float dilution ... Buying at the ask is the only option you have regardless on a small float stock. Anything else is treated as a sell period.

Small floats are extremely profit with long holders not watching the tick tick tick. That is what is attractive to other longs and momentum wont touch it. I am an investor not a traders ... I even know better to try and trade a small float and Tokyo Joe learned that on INFE. You can't do it period. Lesson in small floats or floats where not many shares are available.

This is only 3 weeks old and everything is not out yet and it takes time to get everything nailed down then time to get the releases down. Most people have a momentum instant gradification which the Market uses against them. People that buy the big board don't even look at their stocks and do not worry about them.

Happy Trading

GB
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