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

To: Due Diligence who wrote (697)5/26/1998 11:05:00 AM
From: Russell Gish  Read Replies (1) | Respond to of 4142
 
Sheesh, what a racket.

Sell the common... Buy the warrant... Exercise the warrant... Buy the common... Sell the common... Buy the warrant... Exercise the warrant... Buy the common.

I think I know why the exercise price was reduced...

Good Luck,
Russ



To: Due Diligence who wrote (697)5/26/1998 11:05:00 AM
From: jeffrey rainey  Respond to of 4142
 
Jimbo, you got that right! Man look at the price of the common vs warrants. Folks that's the play, It's an immediate double.
Let the common get pushed by the warrants and call the warrants in. look what you will save!



To: Due Diligence who wrote (697)5/26/1998 11:05:00 AM
From: Frank Fontaine  Respond to of 4142
 
Hi Jimbo. I agree with You, There was a ton of stock bought at 2 1/2 this morning and I see MIDL basing above Friday's high. Frank


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