Why the big hurry to convert the warrants - just buy them, on hold them, and talk to them late at night. I'm just saying that those people who don't understand securities may be frightened into doing something that they do not need to do. The warrants being "traded" can allow the pros to make an extra buck (so if you have them, don't sell them, if you're so worried). Converting them doesn't make a difference for the rest of us. The stock will do what it wants to do, and what it deserves to do, if we're so worried that the stock is being manipulated between the common and warrants then don't be in it. Eventually they'll all be much higher than they are now, IMHO.
Those of you who are interested go take a Series 7 class for a week, and read a couple of stock market primer books, you'll learn that much of this shorting and arbitrage stuff is only short term - the market will settle in eventually, don't have to rush it. If you want to arbitrage also, just learn how. But I think many people want to be "told" what to do, so they will never do the work needed to be a pro. (I'm not saying I am, but I working damn hard to be one.)
If people are so worried that the pros are making an unfair buck, too bad, that will never go away. There is nothing unfair in the markets - more power to the pros - as it should be. Because they're pros, pros deserve every cent they get.
Also, I think most brokers are very unknowledgable, most haven't a clue as to what is going on in the markets or how securities work, IMO. So I seriously doubt anything a borker says. Yep, borker. bork bork LOL
hey binder, this was just a general response, and not directed to anyone, your's was the last post when I decided to respond. :-) |
