CXI-Commodore Environmental 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.

Strategies & Market Trends : CXI-Commodore Environmental

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lawrence Burg who wrote (1641)	8/2/1999 2:40:00 PM
From: KewlHand	Read Replies (1) of 1755

I find it hard to believe that nobody is buying the warrants, I know the spread is wicked, but the gearing against the current stock price is excellent! This stock goes to 2 and those warrants will be at 1/4 It goes to $8 and they will be at $4 (Warrants usually trade at half exercise price at point where stock hits exercise price). NOW: $1000 @3/16 = 5300 warrants $1000 @7/8 = 1100 stock at stock price of $8: 5300 * $4 = $21376 ie $20376 profit on warrants 1100 * $8 = $ 8800 ie $7800 profit on stock Now THAT is nice gearing! regards kh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next