American International Petroleum Corp Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : American International Petroleum Corp

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: taxikid who wrote (2090)	9/17/1997 2:10:00 PM
From: Michael Dappert	of 11888

taxikid, Approaching day of expiration I would think the wts would become less and less attractive. When that turnaround will occur I am not sure. Still I think there is still some upside left as you say if "the underlying stock multiplies north accordingly." Another factor with wts is if the common trades at 8 for 30 days the company can call the wts and pay you a premium plus 4 bucks. If on the 31st day the common being at 8+, say 10 and the wts 6, the company can call the wts and give you $4 plus maybe a %20 premium $.80 and you only get 4.80 for each one. I guess I am looking for a point to either unload or convert the wts and be holding only common. MD

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next