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Strategies & Market Trends : Three Amigos Stock Thread
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To: LTK007 who wrote (12036)12/30/1998 2:33:00 PM
From: Brian Gilbertson  Read Replies (2) of 29382
 
I did the exact same thing for the exact same reasons. I don't understand how the IFLY warrants work, therefore I played the commons. Intuitively, from looking at the charts, if you believe we are at a near a bottom, the warrants look like they have much more upside potential. The seem to track the commons almost dollar for dollar. Based on current prices, if the common were to go from 11 to 21, the warrants might go from 5 to 15, giving you a triple instead of just a double. Am I missing something here, or is my logic correct?
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