SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals) -- Ignore unavailable to you. Want to Upgrade?


To: jeffrey rainey who wrote (1539)5/18/1998 11:08:00 AM
From: Ga Bard  Respond to of 1757
 
The news release say it all. The problem is day trading mentiality of the internet vs investor mentality.

The triology is based on Common share price as to its value. There is treasury stock in the compnay that the company owns and are giving to the shaeholders as a dividend NOT a split but as a DIVIDEND.

Now if the P is trading at $18 the dividend to be given makes you have an AMSC of $12. Also the P is 35 shares of common so at $18 you are buying common for $0.51 and with the dividend you have an AMSC of $0.34.

OK the warrants at .25 makes the common worth .75 now as you can see the P is where you make the most gain and for investors that is the stock to buy.

This news just made the most expensive buy based on common the warrants where the most expensive to buy to the cheapest.

Welcome to Trading of a triology.

GB




To: jeffrey rainey who wrote (1539)5/18/1998 11:11:00 AM
From: Vinnie  Read Replies (1) | Respond to of 1757
 
The common's not changing, because the P's are simply adjusting to be in line with the common based on the dividend news.

My broker just told me that the bid/ask as of 5 min ago was roughly 17 x 21 !!

Vinnie

Damn...I had a limit order in at 14 and was going to raise it to 14.5 this morning, but this news came out first and now we'll probably never see 15 again!