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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: E. T. who wrote (36689)5/11/2000 7:51:00 AM
From: the Chief  Read Replies (1) | Respond to of 62347
 
I love it when a plan comes together
newswire.ca



To: E. T. who wrote (36689)5/11/2000 10:00:00 AM
From: Buckey  Read Replies (1) | Respond to of 62347
 
I am not the smartest feller in the world but follow me here

FAI.UN trades at 4.50ish
FAI.WT are good to buy i unit of FAI.UN at $8.50 and expire May 15 .

there are 1.5 Million bid at a half cent.

Could not a person sell into that bid ( its a downtick) and realize an entire gain of the $15,000 as the warrants will expire worthless. I also assume that the bid is shorts covering.

I know there might be a downtick rule but I di not think it was enforced on the TSE