To: globetrot who wrote (209 ) 8/4/1998 10:10:00 PM From: Alan Markoff Read Replies (1) | Respond to of 631
Globetrot: It appears that Draco Group is still driving it's floorless convertible down the Pamir Highway. I wonder what/where their end game is. No I do not think it is Draco at all...................... Quote from the last News release; < It has come to the company's attention that any shares which might be issued pursuant to a conversion, as presently structured and if exercised, may not comply with applicable securities laws. No shares have been issued by way of conversion > Take a look at todays trading, notice all the 5,000,10,000,20,000,25,000 lots. IKAR NAME TIME E LAST LAST_VOL BID ASK SIZE T Q IKAR 4:08 8 0.325 20000 -- -- T IKAR 3:57 8 0.313 5000 -- -- IKAR 3:57 8 0.406 500 -- -- IKAR 3:33 8 0.313 5000 -- -- IKAR 3:04 8 0.313 5000 -- -- IKAR 3:01 8 -- 0 0.312 0.406 50x50 IKAR 3:00 8 0.281 5000 -- -- IKAR 2:56 8 -- 0 0.281 0.406 50x50 IKAR 2:55 8 -- 0 0.281 0.375 50x50 IKAR 2:51 8 0.313 5000 -- -- IKAR 2:50 8 -- 0 0.250 0.375 50x50 IKAR 2:44 8 0.280 20000 -- -- IKAR 2:33 8 0.300 10000 -- -- IKAR 2:33 8 -- 0 0.250 0.312 50x50 IKAR 2:21 8 0.281 10000 -- -- IKAR 2:21 8 0.281 5000 -- -- IKAR 2:21 8 -- 0 0.260 0.312 50x50 IKAR 2:02 8 0.260 15000 -- -- IKAR 1:59 8 -- 0 0.281 0.312 50x50 IKAR 1:27 8 0.260 4000 -- -- IKAR 1:24 8 0.260 2000 -- -- IKAR 1:24 8 0.260 2000 -- -- IKAR 1:22 8 0.281 5000 -- -- IKAR 1:21 8 -- 0 0.260 0.312 50x50 IKAR 1:21 8 0.281 5000 -- -- IKAR 1:20 8 -- 0 0.250 0.312 50x50 IKAR 12:58 8 -- 0 0.250 0.281 50x50 IKAR 12:14 8 0.281 1300 -- -- IKAR 12:14 8 0.281 1300 -- -- IKAR 12:07 8 0.281 1000 -- -- IKAR 12:07 8 -- 0 0.218 0.281 50x50 IKAR 12:06 8 -- 0 0.218 0.312 50x50 IKAR 12:06 8 0.250 5000 -- -- IKAR 12:06 8 -- 0 0.250 0.312 50x50 IKAR 12:04 8 0.281 344 -- -- Z IKAR 12:03 8 0.281 344 -- -- Z IKAR 12:03 8 0.281 5000 -- -- IKAR 12:03 8 0.281 5000 -- -- IKAR 12:03 8 0.281 5000 -- -- IKAR 12:03 8 -- 0 0.281 0.312 50x50 IKAR 12:00 8 -- 0 0.281 0.312 50x50 IKAR 11:35 8 0.281 10000 -- -- IKAR 11:25 8 0.281 0 -- -- T IKAR 11:25 8 0.281 8000 -- -- V IKAR 11:24 8 0.281 1000 -- -- IKAR 10:53 8 0.281 3000 -- -- IKAR 10:00 8 0.344 5000 -- -- I have talked to Ryan at IKAR nothing has changed the summer program is progressing and everything is going according to schedule. I would suggest if there are any concerns to call IKAR. Whatever is shorted has to be covered at some point if IKAR is successful, and I am confident they will be successful............. The end result is what counts not the current stock price......... You talk about hammering a stock.... I think this is a good example of an abusive market manipulation (My Opinion)