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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (53066)	3/23/1999 9:58:00 AM
From: Tommaso	Read Replies (2) of 132070

How derivative can derivatives get? I never heard of put warrants, but one can keep learning. Now how about options on put warrants? Let's see, if the stock gets low enough to exercise the warrant, then you get a put for it, and then you excercise that and the company issues you stock at that lower price, thereby instantly diluting what remains. Sounds like a good procedure for a profitable lemonade stand. Float a lemon peel and add more water.

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