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

To: Harry_Behemoth who wrote (856)	5/27/1998 12:08:00 AM
From: Ga Bard	Respond to of 4142

Day traders are playing the warrants and so is every savvy trader. buy them and short sell then cover then sell the warrants back. Plus day traders getting out. Now they will do this until the supply is limited and I know someone is thinking the company want an influx of cash. Well I got news for you I caould careless about what the compnay gets in cash I care about the equity in my account and arbitrage is killing it with all the warrants that have to be bought and exercised. The company took a bath on reducing the exercise price to .50 now imagine if they have left it there at $1.00 the MMS and arbitrage traders would have relaly killed this stock far worse than today. GB MIDL New Investor Fact Post Message 4585067