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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?


To: JakeSki who wrote (5456)12/11/1997 10:43:00 PM
From: JakeSki  Read Replies (1) | Respond to of 10368
 
MT,
Do you think that BNGO will track BNGOW all the way down to the wire? As we get closer to the deadline, the time value of BNGO goes down, but at this late date, why would anyone buy the warrants when they can just buy the shares? The MM/Arb would, so they can cover short positions, but I sounds like that game may be just about played out.

Also, from what has been said, different brokers have different cutoff dates, which could take a number of potential BNGOW buyers out of the picture. I am having a hard time figuring out any scenario that would cause a pop in BNGOW.

-- GP