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

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To: Ga Bard who wrote (2373)6/2/1998 9:16:00 PM
From: Osiris  Read Replies (2) of 4142
 
Just wanted some opinions on why the stock acted the way it did today. Could we say the market makers are 'shaking the tree'? The arb between the warrants and the common has closed and despite the constant buying of the warrants today the MMs walked the b/a down. I could be wrong but every time I checked the board it seemed as though someone was buying warrants (MM to MM perhaps?). Perhaps they are taking advantage of the confusion re: the P split?

Any thoughts

O
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