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

To: Dowgal who wrote (1993)6/1/1998 11:47:00 AM
From: Ga Bard  Respond to of 4142
 
Just waiting on the financial world to do its thing.

GB



To: Dowgal who wrote (1993)6/1/1998 11:54:00 AM
From: Kurt N  Respond to of 4142
 
>>I can't understand investors paying the same price for the stock today after the split as compared to last Friday before the split.<<

Why not?? The value of a single MIDLP is still/should be 35 MIDL. The 3-2 split gave MIDLP holders at the time of the split 50% more MIDLP.

The price could be adjusted downwards to take into account the 3-2 split, but if it were it would get bought up real quickly.

Kurt



To: Dowgal who wrote (1993)6/1/1998 12:20:00 PM
From: Dusty  Respond to of 4142
 
Dowgal, I don't know if I am right or wrong, but I bought today at 21.00 and felt I got a bargain. We all need to stop stewing and rehashing the price and etc. I paid as high as $30 so today's $21 seems cheap to me.

Anyone who is truly in this for the LONG haul, will not be concerned about the day to day price. In the next few months you will look back at today's prices and tare out your hair and be saying WHY didn't I buy more while it was so cheap. LOL

Dusty :o)


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