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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals) -- Ignore unavailable to you. Want to Upgrade?


To: FARRIS who wrote (180)2/15/1998 8:30:00 AM
From: Ga Bard  Respond to of 1757
 
Farris that is the market ... you had a ligitmate offer at $16.00 they had one sell at $8 and two at $14. Plus they could buy those and then sell them to you for 400 at a $6 profit and 200 at a $2 profit ... They made $2800 on the transaction so they are happy with that. However you got lucky on the other 200 because they had to take that out of inventory.

Jeff just had pressure to cover a margin call. That is why he had to sell. MM watch orders standing out there. If they see one at say $18 and then it disappears and comes back at $13.00 then disappears and comes back at $10 they can figure out someone is getting desperate. Welcome to the world of the OTC trading.

Remember all limit orders they can see whether GFTD or GTC. They know the pulse of a stock.

Happy Trading

Gary



To: FARRIS who wrote (180)2/16/1998 2:00:00 AM
From: Ed Hoftell  Read Replies (1) | Respond to of 1757
 
Eric,
I see March as really exciting-------I see June as incredible.
I think we are all gonna feel really goofy for not grabbing all we could get of this one,while we could.
Scrambling for cash--
-------------ED