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


To: David Parkinson who wrote (693)5/26/1998 11:12:00 AM
From: Ga Bard  Read Replies (1) | Respond to of 4142
 
That is not going to matter really ... Till the warrants are bought and exercised the common is going to be short sold. What the MMs are doing is mute. I am long and I know till investors wake up and accumulate the warrants and exercise them this ione is going to be a struggle on the common.

The warrants are undervalued but nothing like the P ... .50 on warrants and $1.00 on the P is what they are undervalued.

When the warrants get bought and exercise the comon is going to follow naturally.

Like I have always said till people learn to get the most shares for their investment they are playing into the MMs hands.

Just a lesson trading dynamics 101

GB