PLSIA (Premier Laser Systems) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : PLSIA (Premier Laser Systems)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: WTMHouston who wrote (1398)	12/17/1997 8:37:00 AM
From: kvogel	Read Replies (1) of 1773

Troy, The warrants by themselves won't drive PLSIA higher after expiration. However, the stock is very oversold and I believe the Z's are protected by 6 1/2 on downside in the near term. They are also protected from being called til they get to 3 1/4 on the upside. I believe a "technical bounce" will put the stock(PLSIA) back to 9-10. This puts the Z's back at 2-2 1/2, a very nice return from current levels. I realize the shorts are mainly covered by exercises of the A's. I only mentioned the short interest because some people think it shows investors are very negative on the stock. With the arbitrge this is not the case. Good luck. Do you own some shares or are you short? Just curious! Karl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next