Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (1042)	4/21/1998 10:23:00 PM
From: Charger	Read Replies (2) of 25711

Ok, I'm stupid. I thought I understood, but now I understand less, lol. If I pay $1 for my warrant now and the warrant increases in value to, say $2.50, and big brother grows to $6.90, I still have to give $6.90 to change to a big brother? Or is it 6.90 less $2.50? What is the advantage if I have to pay $6.90 anyway, why not just become a big brother? Otherwise, if I buy tomorrow for $1 and sell the warrant later for $3, it is a simple stock transaction, correct? Unless during that time big brother should become worth $10 for 20 days and then I am in trouble, except that on the 10th day of that price range, I could exchange my warrant for common and pay ??? to do that? Charger

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