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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (10191)11/11/1998 5:15:00 PM
From: Amigo Mike  Respond to of 29382
 
Sounds interesting Max.

Peptide purchased all those convertibles ????/ That is definitely a plus. I have Oravax on watch but haven't actually had the time to actually keep up with them. I'll have to catch up.

Our little Antex has had two positive press releases over the last week and those brave enough to buy in the .30s have turned better than 25% in a week. Next month Antex should receive a $500K milestone payment from our buddies at Pasteur Merioux =). Antex has also recently removed a lousy option/warrant (similiar to convertible situation) that always hung over the stock without spending a dime. Very postive.

Amigo Mike



To: LTK007 who wrote (10191)11/11/1998 5:43:00 PM
From: Ken W  Respond to of 29382
 
Max,

ORVX...Thanks for calc. the value of the deal. I was not too sure of the exchange rate between pence and cents. Heck I can't even bargain in Mexico :-)

I think that it is a good deal too...and glad to see the convert. go down in flames...too many small co's get into that trap. Off shore Aholes killing co's slowly while we keep hoping against hope.

It appears that the price had built up to this already and until more people understand all of the small print the price may not move up much right now. Once the sellers of the news are out of the way for their 20 to 30% then it should move on up to fair value. If you are going to hold the stock for your grandchildern good. I have one of those too ARET. Someday it will retire both of my sons and their childern.

Ken