SI
SI
discoversearch

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.
Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Banditjrjr who wrote (2551)3/11/1999 6:59:00 AM
From: kbert  Read Replies (1) of 5541
 
Banditjir,
warrants give you the right to buy stock at a predifined price.
In this case $.35. They usually have an expiration date of 4/5 years.
Some warrants are traded. You can buy and sell them.
When warrants trigger, if stock price > exercise price*N where N might be %150 for a number of weeks, company can call back the warrants for
nominal price, $.05 for example.
In this case they would only be worth if stock price is > $.35 in May!!
Maybe!!
Archie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News