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


To: Crossy who wrote (853)5/27/1998 12:02:00 AM
From: Ga Bard  Respond to of 4142
 
I know they want the common to be bought nothing else. See just like day traders use sheep the on line investors have to go after the common so the professionals can make a ton of money. Arbitrage, shorting whatever it takes. When investors start to figure out where they have been going wrong it complicates the MMs to make money.

The warrants are the target if they fall more than .50 below the common. Right now the .56 + .50 is $1.06 and the common bid is $1.40 so they can arbitrage for 36 cents or 30% gain with a no risk factor ... Now if we do not buy the common and buy and exercise the warrants the gain of the differential reduces and that will make the common move all by itself and move quick because they want the common to be .30% higher than the warrant price plus the .50 so they can make a money.

Me the P is the absolute best buy for the long and the warrants for anyone else. Simple dynamics 101'

I know stock with warrants and people do not know where the big money is.

buy the warrants covert thus raising the warrants and forcing the common up once the common becomes under valued. remember when last friday when the warrants got bought the common went to $1.00 on tiny volume. Not until the rush this morning did the MMs take full advantage of the situation.

GB

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