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Non-Tech : Paired Trades and Hedging Strategies

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To: menanna who wrote (62)12/22/2004 5:25:17 PM
From: Biomaven  Read Replies (1) of 136
 
Anna,

Not as easy as I thought - hadn't realized this was a Canadian warrant.

The warrant has 4 years life left which is decent, but is way out of the money - looks like the stock has to double before the warrant is in the money. That means it is going to be pretty volatile. For a novice investor I'd stay away.

Peter
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