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

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To: SwampDogg who wrote (16212)7/14/2006 6:22:45 PM
From: koan  Read Replies (2) of 78416
 
Swamp dog, if the stock is $15 and the wts are $1 then the leverage is 5 to one. wts being 3 for 1 share is not how one calculates leverage.

Right now the stock is $12.70 and the wts traded .80 to .90, so say .90. .90 times 3 is $2.70 - divide $2.70 into $12.70 and you get 4.7 to 1 leverage right now.

Ask Charters-lol.
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