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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (27881)4/19/2005 3:12:39 PM
From: Tommaso  Read Replies (1) | Respond to of 116555
 
OK, here is an idea for playing sugar.

IPSU, Imperial Sugar, has a low P/E and rapidly rising earnings. It is selling at $13.31.

There is also a warrant, expiration in 2008, selling at $1.60, to buy shares at $31.89.

If the stock tripled to about $40, the warrant would increase fivefold.

The stock looks better to me than the warrant under those conditions. But the warrant might bear watching.

I have not bought either.