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

To: T1Emery who wrote (798)	5/26/1998 9:20:00 PM
From: Ga Bard	Read Replies (2) \| Respond to of 4142

I am being asked why the volumes are so high on a low float scenario ... well here is why Arbitrage they are buying the warrants then short selling the common then covering the common then selling the warrants. I am telling you till the warrants are exercised it is going to be fun. The warrant float has got to reduce for the warrants to go up and in turn the common. Some people are making a fortune off of the common buyers. GB OH and some body said should I sell my common and buy warrants. Come on folks if you tank the common then you get it lower and the warrants will go up and you can;t even get it back for what you sold it for. USE COMMON SENSE..