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Gold/Mining/Energy : Altair Nanotechnologies -- Ignore unavailable to you. Want to Upgrade?


To: Rajiv who wrote (293)3/18/1998 12:27:00 PM
From: Dr. Seuss  Respond to of 603
 
Rajiv,

If you look at time/sales and volume, small purchases are bumping this up and large sells are barely moving it down. Someone is dumping shares. Look for all hell to break out this afternoon when the volume picks up.

dr.seuss.com



To: Rajiv who wrote (293)3/18/1998 12:51:00 PM
From: Dr. Seuss  Respond to of 603
 
Last Trade: 12:38 at 8 15/16

Current time: 12:50 Bid 9, ask 9 1/8

What's moving the bid ask with no volume???



To: Rajiv who wrote (293)3/18/1998 3:42:00 PM
From: Dr. Seuss  Respond to of 603
 
Three sales at the bid in a row and the ask moves up. More sales, and the bid moves up. NO BUYS ALL SELLS and the price is moving up.

I wish I could do that.

dr.seuss.com



To: Rajiv who wrote (293)3/18/1998 4:07:00 PM
From: Rajiv  Read Replies (4) | Respond to of 603
 
LaserTechnics (LASX)

quote.yahoo.com

The 2 year chart shows that it made a high of 4+ sometime in May/June
1996. After that it has been a steady decline (it is now a penny
stock).

In July 1996, LASX issued some convertible debentures. Among the
investors were

Leonardo, L.P.
GAM Arbitrage Investments Inc.
AG Super Fund International Partners, L.P.
Raphael, L.P.

These 4 firms along with Ramius Fund, Ltd. and Baldwin Enterprises, Inc. are controlled by the same group of people.

The drop in LASX might be totally unrelated with the convertible.
However, we can be reasonably certain that the the debenture holders possibly couldn't have made money based on appreciation of LASX stock.

In case you haven't read this post (Barron's article on floorless convertibles)
exchange2000.com

Why am I bringing this up on the Altair thread?
These firms now hold 5M worth of floorless convertible debentures of ALTIF.

Just some food for thought.

Disclaimer : The above is MHO and is not intended to influence anybody. Everyone is advised to do their own research.

Regards,
Rajiv