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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LoneClone who wrote (35900)3/14/2007 11:01:40 PM
From: LLCF   of 78419
 
<You don't seem to be able to accept the existence of the latter (drawing on their intuition and experience.), perhaps because they often can't give a rationally argued reason for every action they take.>

Actually if you read my post you'd see that I didn't deny any approach... what I am warning against is the claim an option is "cheap" without even knowing what that means.

I'm in full agreement with you and simply pointing out that the approach being referred to ISN'T being used correctly. He's using the jargon of one approach to support another approach. Referring to options or warrants as 'cheap, expensive, over/undervalued' imply using an options model... otherwise it's the STOCK that is mispriced and the warrant then may or may not be mispriced depending on further analysis.

DAK
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