Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ga Bard who wrote (2276)	6/2/1998 11:20:00 AM
From: spy hard	Read Replies (1) \| Respond to of 4142

I agree the difference 10%-12% today. But what about yesterday or Friday. It was more like 30%-40%, without the spikes. Yesterday morning the common was trading at $1.37. I guess what I'm trying to say is that unless we buy all of the warrant or warrants trade in line with common there is no hope for common and therefor for prefferred. MM will short common till the cows come home. This is the safest play MM's were given in a long time, they don't even risk anything. It is obvious to me that until you guys start buying warrants and then common everything else will tank. All of that said, it obviously could change if EXXON come out tomorrow and announce they have a contract with Midland. However, even if that were to happen I doubt it will happen for months. And please do not tell me, that you guys like showing a loss, even if it is only a paper loss. Best Regards