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Microcap & Penny Stocks : KLOC: wishing on a star -- Ignore unavailable to you. Want to Upgrade?

To: Trio who wrote (567)5/20/1999 9:42:00 AM
From: cfr  Respond to of 581
 
You would expect those who had to exercise their warrants or lose them to be natural sellers (in order to raise the cash). This might have had a dampening effect on the price last week, but the effect is now over.



To: Trio who wrote (567)5/20/1999 10:23:00 AM
From: Ted Gregg  Read Replies (1) | Respond to of 581
 
Sorry, but they would have purchased newly issued shares. Exercise of warrants usually results in weakness in price of the common. Dilution & sale of newly exercised shares.

Ted


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