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: Charger who wrote (1043)	4/21/1998 11:58:00 PM
From: Joe Copia	Read Replies (1) of 25711

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? No by that time you can either: 1) hold on til big brother get to $10.50 and then convert 2) sell your warrants just like a stock 3) wait for the 19th day @ and then sell. after 20days the company will "call" them but you have ~30 days by law to either convert ot sell. if I buy tomorrow for $1 and sell the warrant later for $3, it is a simple stock transaction, correct? YES !!! does that make sense? Joe PTG&LI !!!

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