Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Frank Fontaine who wrote (5963)	6/9/1999 4:24:00 PM
From: one_less	Respond to of 7039

Thanks, nice definition. People purchase Warrants and they are always above the current market price of the common stock, when you add in the exercise price. The payoff is holding them until the market price of the common stock goes sufficiently up to make exercising them a better deal than buying the common stock directly. When you exercise them you always get the common stuck under the current market price. That is how it works. That is the deal MIDL sold us. That is what we all agreed to including GaBard. He bought his Ps and Cs knowing about the Ws. If he didn't then it is his DD that he needs to worry about not mine.