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To: Kevin Hamlin who wrote (6844)4/13/1999 3:37:00 PM
From: speculatingvalue  Read Replies (1) | Respond to of 62347
 
re: GLE-warrants created a buying opportunity. The big question is have they been dealt with by shorting now? (A certain percentage will exercise the warrants and keep the stock.) I don't have a handle on how long they will be a factor.

Right now it is like trying to step on the gas with the emergency brake on. When the warrants are gone, it will be like releasing the brake.



To: Kevin Hamlin who wrote (6844)4/13/1999 3:39:00 PM
From: the Chief  Read Replies (2) | Respond to of 62347
 
Well I guess the intersting point of the whole issue is;

If there were shorts made on the the stock, then there will be no added upward pressure on the stock because the warrant holder will just use his new issued share to "cover" the short. So the Net-Net should be zero. However in saying that, there should also be no more down pressure!

the Chief


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