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


To: Sam Miller who wrote (2411)6/3/1998 9:02:00 AM
From: MJ Brouillette  Respond to of 4142
 
I used Fidelity. They only needed the commitment that the shares were being delivered to me to let me sell. Let me try to break out deal...

1) (day 1) I swap warrants for common with 3 day delivery on commons
2) (day 2) Fidelity got confirmation common to be delivered in 2 days
3) (day 2) Fidelity sells common (shares arriving in 2 days, need to turn around in 3 days)
4) (day 2) I buy more Warrants...