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Non-Tech : Any Stock Warrants

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To: skywalker44 who wrote (1809)6/26/2009 7:11:08 PM
From: skywalker44   of 1916
 
RE: Kapstone Warrants (KPPCW)

The shares closed at $5.00 today, up 50 cents; KPPCW warrants closed at 15 cents. The key question in my mind is whether the shares can hurdle the $5.00 exercise price and stay safely above it in the final weeks and days before 8/15/2009 expiration. History has shown plenty of instances where the shorts have ganged up on the stock and driven the warrants down to zero. Or the share price just hasn't had the momentum to hurdle the exercise price. KPPC shares have the potential to make a run at $6+, but I would venture that such a move comes after the warrants expire; the generally safer bet is to try to buy KPPC shares on dips down to the low to mid $4 range, if doable. The warrants are super-high-risk at this stage. Looks like 35 more days of trading remaining for the warrants here.
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