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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Mikey who wrote (672)3/30/1998 12:01:00 PM
From: Abner Hosmer   of 835
 
Hi Mikey -

Think you meant to say 2.50 on the cross. Looks like standard pushed the price down in 4 straight trades to make the cross fist thing this morning. Can't help thinking that this recent gravitation to 2.50 is due to the warrants. Couldn't someone have bought the warrants at 2.50, short the stock, and basically be holding a call at 4.00 for free?

regards - Tom
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