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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (2737)5/26/1998 9:45:00 PM
From: Ga Bard  Respond to of 9440
 
Oh MIDL was a mess today ... people are common stock buyers and the warrant were bought and sold short against the common then they cover the common and sold the warrants. (Arbitrage)

People do not understand the warrants and this is where the MMs play and day traders. Once the warrants are bought nad exercised this foolishness is going to stop. Just a matter of educating people to invest to get all the shares they can for the dollar.

Things are moving right along with Exxon the plants and so forth. HEY we even got a careless naysayer and I would not want tobe him.

Of course the day traders are slamming it. the warrants did better than their pick.

GB