Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (15857)	12/1/1998 12:39:00 PM
From: RockyBalboa	Read Replies (1) of 18691

Hmm, no drop till now, but the market strengthened somehow? Had much work with bfly today. Nice that the warrants are shortable too. If one told me months ago that I sell PVTR (BFLY) warrants at 18, I would've thought he's kidding. What will happen if I'm short warrants and they are called? Must I deliver stock then, and get $5. Or the long people hand in the warrants at the company's stock custodian who finds out that there are presented simply too much warrants? Or, some warrants just remain unexercised. Now I got 18 and the 5 makes 23. At 23, stock should be easy to buy.. C.

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