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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (1857)5/10/1999 8:38:00 PM
From: Buckey  Respond to of 6016
 
I never sold any Friday and was seriously thinking of gettting a few hundred more. AS it turns out I was after a known deal that included rights if you had the stock at the end of the day so I kept the bid open for a few hours as I has a price and I would not move.

RSO shareholders of record at the close friday would be issued rts so that 1.25 rights got you a unit of RSO for 1.25 which incldued a warrant to nuy it at 1.50 until feb, 2000. So i was after 2.5k at 1.47 and was on the bid for over an hour while the offer was 1.55. NO GO and I got left hanging. AS expected RSO dropped today to 1.35-1.40 to reflect the rts no longer being layered into the price.