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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

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To: Ga Bard who wrote (849)5/26/1998 9:09:00 PM
From: Harry_Behemoth  Read Replies (1) of 4142
 

I guess that the internet again does not understand the math and will just blindly by the common. The MMS did nothing to day but make money and I mean a ton of it too. They bought just enough warrants to short sell the common back from $2,50 then towards the end of the day they cover the short sell then sold the warrants thus dropping both the common and the warrants.

BOOM!!! They made fortune today an absolute fortune.


What kept the price of the warrants so low earlier in the day? Seemed like a huge amount of buying.

Regards,
The Rookie

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