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


To: The Devil Dog who wrote (1960)6/1/1998 10:30:00 AM
From: Crossy  Respond to of 4142
 
Wayne,
why ? just look to current valuation: MIDLP at 16x19 and MIDL at 1.125 whereas it should cost $40 - that's 50% discount. I want a tool to realize the difference - that's what I bought it for..

If You don't give the holders a tool to narrow the discount - they will never align themselves accordingly. I don't fear of arbitrage. It'S because of arbitrage that his differential will FINALLY ease..

regards
CROSSY



To: The Devil Dog who wrote (1960)6/1/1998 10:39:00 AM
From: Ga Bard  Respond to of 4142
 
Exactly ... however arbitrage and shorters do not want it to align ... man takes out their 10% profit cash cow. Hey these people are not greed. They are like professional gamblers they sit there and do it slowly.

POKR just got bought out and I lost a roller. Heck I am upset everytime I loose a roller cause I have to go find another one.

If you pay attention to the posters you will see clearly who is doing what. Heck no they do not want the conversion to extend nor the warrants to exercise.

GB