SI
SI
discoversearch

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.
Strategies & Market Trends : US Stock Warrants

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: calgarylady3/28/2021 10:10:32 AM
   of 12
 
And we have been complaining about the RBC. Looks like warrants can be expensive at some brokerage firms in the US.

Drinking and Trading don’t mix. I accidentally bought equity warrants instead of ordinary stock. How do I make money of of this mistake?

Title says it all. Had a few too many drinks of liquid courage and bought 50 shares of Cresco Labs Equity Warrants (CRLWF) instead of the ordinary shares (CRLBF). I used Fidelity to buy the shares resulting in a fee of $100 (bought 30 and then 20 and didnt notice the $50 fee for each.) So my cost basis is around $8 while the listing price for CRLWF is around $6.

If I sell now, I get hit with another $50 transaction fee, plus lose the $100 and some change. The warrants expire in September of 2022. The strike price is around $9.90.

reddit.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext