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To: Jay D. who wrote (5865)12/22/1997 4:32:00 PM
From: JakeSki  Respond to of 10368
 
Rodney mentioned that he was tempted to turn off his computer until after the call was over. Maybe he was able to.

I wasn't....

-- George



To: Jay D. who wrote (5865)12/22/1997 4:35:00 PM
From: T.K. Allen  Respond to of 10368
 
Jay: I think your theory about Rodney's motivation may be misplaced. You make the following comment in your post:

Looking at other warrent calls this seems foolish and one should get out as soon as word gets out of the impending call, which we would have had plenty of time to do had I known the effect of warrent calls.

Go back and look at my post #5688. Although the data I provided is by no means a comprehensive study of the effect of warrant calls, it does at least provide some examples of situations where the stock price rose during a call. Based on the examples presented, I certainly would not want to go out looking for impending warrant calls and investing on the assumption that the stock price would drop. I wish it were that easy!

TKA



To: Jay D. who wrote (5865)12/22/1997 4:46:00 PM
From: SE  Respond to of 10368
 
Jay,

That is absolutely absurd.

Period.

GO PACK GO!

-Scott



To: Jay D. who wrote (5865)12/22/1997 5:18:00 PM
From: Pr-Ac Man  Read Replies (2) | Respond to of 10368
 
Rodney has mysteriously disappeared now also which doesn't help his credability either.

Jay

I'm not the least bit surprised that Rodney hasn't been around. As we all know, he was very heavily invested in BNGO/BNGOW (which has been an issue of debate on several occasions; but that's another story). I remember Rodney saying that he was in at .43 (I assume he was talking about BNGOW), and that there was no way he was going to get burned. That's when BNGOW was trading at around 4. The last I knew, Rodney was still holding and hoping for a bounce, but it never came. In short, he likely saw a small fortune turn into a considerable loss. Something he believed was inconceivable. Frankly, if that happened to me, I don't think I would be feeling very talkative either. I hope that he recovers, and I hope that we see him back on this thread. He has a great deal to offer. But I wouldn't blame him if he never wants to hear the words American Bingo and Gaming again.

PA



To: Jay D. who wrote (5865)12/23/1997 1:02:00 PM
From: upndn  Respond to of 10368
 
<<<I was just wondering, has anyone considered whether Rodney could have been paid by BNGO to pump the warrents in order to get them to their exercise price?>>>>>>>>>>>>>>>>>

Check the date on the first post. Did the company have enough going on to think they could push the stock up to $10 in a few short months? Did Rod think the stock price would be at $10 in 3 quarters? Even at $5 a lot of people made 150% gain since the first of the year. All year the price rose on earnings announcments and aquisition announcments, not from someone pumping a company that promised the world and delivered nothing.
Many of us jumped on the w's to make a fast buck, some did some did'n't.
Anyone looking to make a fast buck on BNGO now ought to look elsewhere.
Wer'e into the long term growth phase. IMHO
Jim