American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: Michael Dappert who wrote (2089)	9/17/1997 1:53:00 PM
From: taxikid	of 11888

warrants are like lonmg term call options- but they are overpriced here- i sold mine two days ago- at 1 3/8. much more liquid to sell the stock- {at 2-3 bucks vs warrants-} as time to expiry gets close- price of wts will drop- UNLESS the underlying stock multiplies north accordingly. Q- would you sell options against your aipn holding right now at $4- I sure would- and getting a buck and a half!! add $4 plus $1.5= $5.5 minus your cost- you will have better than 100%. i would sell that ANYDAY of the week. {as often as I could}

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