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


To: Dave Bissett who wrote (2382)6/2/1998 10:20:00 PM
From: go4it  Read Replies (2) | Respond to of 4142
 
Dave,

I bookmarked the thread but have not been able to come close to keeping up with the messages due to the quantity. I have been trying to watch the stock and thought that you would be interested in knowing that it appeared that the stock was in distribution today.
Insider Trading summaries show :

form $ amt # shares who price month filed
144 113,942 189,904 1 - S 0.60 2/98
144 99,469 187,679 1 - D 0.53 7/97
144 88,209 187,679 1 - S 0.47 4/97

Not knowing anything about the company and only looking at information about the company all I can suggest is be careful. Technicals would indicate another down day tomorrow and I am not comfortable with the very similar amount of shares being sold by a share holder and director adequately spaced intervals as to not to put too much pressure on the stock. I will continue watching from the sidelines in case something breaks for the company. Good luck to everyone here.



To: Dave Bissett who wrote (2382)6/2/1998 10:53:00 PM
From: Ga Bard  Respond to of 4142
 
That is the way I understand ... I do not truly understand the rules of the confidentally agreement. Just a matter of waiting for the results.

GB