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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper
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To: Ga Bard who wrote (859)5/26/1998 9:20:00 PM
From: Binder  Read Replies (2) of 4142
 
Someone just asked me in PM the following:

1) How can we possibly buy up all the Warrants?
2) Aren't there 9 mill or something like that?
3) And how can we keep the daytraders out? Not possible. They will buy and sell and buy and sell

My response was that yes, the DTers will continue ot buy and sell, but if we buy and exercise, we constantly deplete the float.

Am I right? Once the warrant is exercised, its toast, right?

:-)
Binder
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