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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange) -- Ignore unavailable to you. Want to Upgrade?


To: david james who wrote (1885)3/4/1998 9:06:00 AM
From: Mama Bear  Read Replies (2) | Respond to of 2841
 
>>>I'd enjoy hearing why they bother you. Just because they represent dilution? From what I understand they should amount to less than 10% dilution every 6 months, starting in September or so, while the revenues of the company should almost quadruple. I can also see nothing in the deal that provides any motivation for anyone to push Eco's stock lower.<<<

I really didn't look at the details, so I won't comment, except to say that they are a general red flag. The folks to whom these thing are issued have a tendency to short the underlying to lock in their profit.

Good luck with owning these shares, I gotta say I think there are better companies for both long and short positions.

Barb