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Microcap & Penny Stocks : Arcon Energy .... Another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Gary Lutz who wrote (92)1/29/1998 2:55:00 PM
From: nougie  Read Replies (2) | Respond to of 626
 
Looks like over 50K shares traded in the past half
hour.
Gary, what's the tape saying?



To: Gary Lutz who wrote (92)1/29/1998 5:09:00 PM
From: campe  Read Replies (1) | Respond to of 626
 
Gary, the float for the P is only 54K. If institutional buying came in for big blocks, it would drive the P price through the roof. They would have to come in with smaller trades. I believe the buying these last few days has been a combo of both internet and pro types...

At any rate, the bargain on the P will soon be over making the common just as desireable...