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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (6760)2/17/2005 6:13:40 PM
From: koan  Read Replies (3) | Respond to of 18308
 
BWR wts, what will be interesting: last time the stock was at .86 the wts were .51. Right now the stokc is at .70 and the wts are at .27.

This means a .16 cent rise in the stock could realize a .24 rise in the wts.

As there is still 4 years left on the wts, the time value variable should be moot, so lets see if this happnes again, which would prove not only that there is a free lucnh, but also magic-lol.

I will not go into the esoteric explanation why it is also safer to buy the wts than the stock in the event of a fall in the stock, but it is true.

So with the wts, you gain more on the upside and lose less on the downside-lol. Such a deal.

And remember, one cannot pump wts. You can pump stock but not wts-lol.