SI
SI
discoversearch

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.
Gold/Mining/Energy : Magin Energy-MGY on TSE -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (12)2/19/2000 8:34:00 PM
From: Buckey  Respond to of 92
 
MGY.WT - $9.50 - Ouch and Sept 1, 2000

- always remember GLE.WT.A were trading at .01 two weeks beforer expiry - the strike was $1.10 and the stock GLE was at $1.00

GLE hit $15 on a spike and settled at $10ish on the date they expired

$1,000 buy worth $1,000,000 two weeks later

I bought VEN.WT.A at .14 avg on Thursday and sold 33% at 48 so I have the rest free - no big deal as they are at $0.50 with the stock at $2.60. Stock goes to $5.00 my warrants are worth $3.00

High RISK high reward - yepper - ya can lose it all

Now I gotta do my DD - LOL