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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: makin_dough99 who wrote (172)5/22/1998 12:43:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 4142
 
From my calculations I believe the common and P have been sold because of the totals we have and the movement on the trading.

However the warrants I think there are about 300K I cannot account for.

Just a matter of time. See once the warrants start getting exercised the short position on the wrrant will have to be covered

Rememeber the warrants are just like common now and presently the the warrants are extrememly undervalued.

DID you notice whrn the warrants got hit the common soared .

then the day traders sold the warrants and the common came down. However the P is holding up up well.

Just a matter of time

GB