SI
SI
discoversearch

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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: koan who wrote (7443)3/2/2006 3:37:12 PM
From: koan  Read Replies (4) of 78410
 
SLW B wts: a perspective. On Monday I bought SLW B wts at $3.20.

That most people do not understand wts is greatly to our advantage.

And with all due respect to thedave, he is wrong re how he looks at the B wts. One does not just add the strike price ($10) plus the wt price. One has to think where is silver going and look at the leverage and time. Think about it, if you bought the B wts now at even $4 you are still getting better than 2.5 to one leverage and you have 5 years to break even at $14!!!!!!!!

Plus and this is a HUGE plus for every1,000 B wts( $4,000) you would be controlling $10,000+ worth of SLW for 5 years. Now here is the sweet sweet part!! Say SLW goes bankrupt (very unlikely but pertains to other wts), THE MOST YOU WOULD LOSE IS $4,000, BUT IF YOU OWNED THE STOCK YOU WOULD LOSE $10,000!!!!!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext