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


To: Triffin who wrote (852)5/26/1998 9:14:00 PM
From: Charger  Read Replies (2) | Respond to of 4142
 
How can you exercise the warrants "tomorrow". We have to wait for the Transfer Agent to clear all the paper work, a few more days, maybe?

Otherwise, that sounds like a great plan. Once exercised, the warrants are OUT OF COMMISSION, right? Dead, gone, cancelled, defunct, inacessible, non-tradable, non-arbitrageable, finished, terminated, trashed, nulled and voided...you get my gist.

Charger



To: Triffin who wrote (852)5/26/1998 11:54:00 PM
From: Ga Bard  Respond to of 4142
 
Exactly and the MMs will just short sell the common and laugh sll the way to the bank while everyone whines about the price. Investors I am trying as hard as I can to educate but it seems like it is getting worse every minute.

I would appreciate your savviest on arbitrage. You know that is what happen today. They bought the warrants short sold the common then bought ths short sell back to cover on the common and sold the warrants.

The volume went nuts on all accounts. The P is double ticks and they shorted it also and after the bell there was a ton of buying the bid is 26.00 and the ask is 26.50

They made a fortune today shorting and covering.

GB

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