Arcon Energy (MIDL Presently) The Ultimate Sleeper Message Board

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

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To: SC Anderson who wrote (1465)	5/29/1998 1:49:00 PM
From: Ga Bard	Read Replies (3) of 4142

well I agree ... no one reads the news releases and then people have their professional opinions. Look the warrants is the pool for anyone that has short the common. Now since they are just now being exercised don't you find it strange that their is this sudden movement to stop people from exercising them. This stock has had a history of being shorted like crazy at the $1.00 mark. Well this time the volume hit it at a buck but it ran anyway. the warrants suddenly got bought up be the internet. Now the exercising is the problem .. if we exercise the warrants then that takes up the float. Now everyone needs to do what is right for them but once exercised the float is going to reduce. I might maybe I am totaly of base here but I believe what I am saying is accurate. I have read the registration and I believe in order to raise the exercise price that woudl take a shareholder vote. Now they cna drop the price but not increase it without a share holer meeting ... Again i maybe wrong. GB

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