Premier Laser Systems (PLSIZ) Message Board

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Microcap & Penny Stocks : Premier Laser Systems (PLSIZ)

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To: one_less who wrote (1)	9/1/1999 8:47:00 PM
From: TallTrader	Read Replies (1) of 5

You bought warrants (PLSIZ) not the stock (PLSIA). These warrants expire in November. They have an exercise price of $7.50. IN OTHER WORDS . . . if you don't convert your warrants to stock (at $7.50 per share) they become worthless (expire) in November! Next question . . . why would you want to buy the stock at $7.50 when it is selling for under $4.00? IMHO, I would sell ASAP! I could have bought at 3/16 today but I don't think these warrants are worth 1/16. I think a lot of people were buying them without knowing the exercise price or the expiration date, IMHO. Good luck. Watch them go to $2 tomorrow!

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