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: Chuckles_Bee who wrote (34358)	2/27/2007 6:45:08 PM
From: koan	Read Replies (4) of 78424

No no, Chuckles, you do not figure it in percentage form of one wt for one stock., you figure it is actual cash terms. Because they both resepresent the same thing, 1,000 shares of stock. e.g if you owned the 1,000 shares of stock this morning you lost $310, but if you owned the 1000 wts this morning you lost only $70. Yet if the stock had gone to $100 you would have made roughly the same about of money on the stock as the wts. And you had 7 times as much stock for the same price using the wts. So even though you do lose roughly the same amount in total amounts the upside would have been $700! IN each case only 1,000 shares is represented. This is why I keep saying over and over this game is as complicated as learning poker, but much more rewording. Cheers, keep those questions coming-lol.

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