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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc -- Ignore unavailable to you. Want to Upgrade?


To: Al's Fun who wrote (822)10/30/1999 12:59:00 PM
From: Condor  Respond to of 1296
 
"I am really confused....whay would they go to Germany..when they
are trying to get started here...aren't they spreading themselves
to thin???..I don't like what they are doing....."

Perhaps you have already answered your own question.
C



To: Al's Fun who wrote (822)10/30/1999 2:55:00 PM
From: Israel  Read Replies (2) | Respond to of 1296
 
In my opinion its several things. For one, arbitrage going on between PLCOP and PLCO, where you short the common, go long the preferred (or just short the preferred naked) expecting that the common will fall because of the conversion. Another possibility is the disappointment of PLCO not opening the US website in a timely manner. And perhaps just a general lack of interest in the BB market that seems to happen Every summer.

Israel