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

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To: LLCF who wrote (38344)4/16/2007 12:11:32 PM
From: koan  Read Replies (2) of 78409
 
"DAK says: "My point ISNT that Koan or anyone else shoudn't comment on what warrants he likes or doesn't, or WHY he does or doesn't... I simply point out that when he talks about "cheap" options or "expensive" options he doesn't know what he's talking about. What he's really saying is they look cheap to him because the stock is so undervalued."

KOAN: "That is nonsense DAK. When SLW B wts (5 year wts sightly out of the money at the time) first came out, one could buy them for a buck all day long (7/8/9 to 1 leverage?).

The wts were cheap the stock was high! Mainly I think people sold cheaply because some people did not know how to vlaue them at and some people just wanted to take their money and run (like large wt holders often do.

I did not buy the SLW B wts becasue I thought the stock was undervalued, as you say above!. I bought the SLW B wts because the wts were undervalued!! they shortly went to over $7 and remained in that area 5 to 7 as the market eventuaLLY found THE CORRRECT VALUE!!

The stock was over valued and the wts were undervlaued.
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