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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY -- Ignore unavailable to you. Want to Upgrade?

To: jmhollen who wrote (1960)5/1/1999 6:36:00 PM
From: Gary J. Hemmingstad  Read Replies (1) | Respond to of 2909
 
I doubt it very much that someone put a stop-loss order in BETT.
Maybe someone bought 144 shares @ .35 and received
warrents (free-trading shares) that were exercisable starting
on May 01. He can sell the stock in the open market,
exercise the warrants and deliver the stock in 3 days and walk
away with basically a risk-free $20000 profit. It may not sound like
much, but it pays for much of the 144 shares that the seller
still owns.

Gary


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