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: Osiris who wrote (2384)	6/2/1998 9:27:00 PM
From: Harry_Behemoth	Read Replies (2) of 4142

I thought that the discrepancy between the W and Common prices would be resolved by a net BUYING of W (with an increase in price) and SELLING of Common (with a decrease in price) stabilizing around .50 for W and $1 for Common. There was plenty of buying of W, but there seems to be plenty of supply to be had. There is just more common equivalent around right now than demand for it due to the warrants coming into play. A significant amount of $ has been sidetracked into the P...an excellent long term play but does nothing to support the current Common price. This temporary glut may well provide one last buying opportunity before the big investors arrive with the next big news. Could be wrong though. ;-)

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