Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: LLCF who wrote (19043)	8/24/2006 11:00:05 AM
From: tyc:>	Read Replies (3) of 78416

Now you've got this old man confused ! If the delta is 100%, every dollar the stock moves will be mirrored by a dollar move in the warrant. If the delta is 50% every dollar that the stock moves will be mirrored by a .50c move in the warrant. Sure, it relates to the price moved by the stock. It doesn't say the warrant will go up 50% of its price. Is that what you mean ? (Bought a few more RNG wts @ .40c. According to me the Delta is ~30%, so you figure out the leverage ! Again we see lots of warrants on offer despite the strength of the stock.)

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