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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper
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To: Binder who wrote (1142)5/27/1998 4:24:00 PM
From: MKTBUZZ  Read Replies (1) of 4142
 
That's right, doesn't bother me short-term. I won't exercise until after they are called. They will be worth $2.50+. If I had any extra money right now I sure wouldn't be exercising them, I would use the money to buy more warrants. I played SCTR and SCTRW years ago. The warrants got called I believe at around $4.00, in the next 30 days they got valued up to $10 per warrant. Exercising the warrants right now doesn't help your bottom line, it only keeps the pros from using your warrants for their games. Telling people to exercise their warrants right now I believe is very bad judgement. I think people should focus only on their accounts and how to maximize them. Worrying what the MM's and pros are doing is useless in the short term.
JMHO
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