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Gold/Mining/Energy : Precious metal company Warrants -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (315)	1/9/2006 5:58:31 PM
From: tyc:>	Read Replies (2) \| Respond to of 681

>>Bought a big slug of the RNG warrants good for you! Let's trade ideas ! FWIW, here's mine repeated, hoping it stimulates talk on the thread. The stock continues on an uptrend. In a recent posting, I likened holding a slug of warrants to momo trading. That's a great strategy while the stock is rising, but what happens when the chart turns ? When the chart turns, I plan to short stock sufficient to reduce the total delta to what is was at the start. It will remain a bullish position, just as it was at the start. Indeed, it remains a momo bullish position just as it was at the start. To eliminate unwanted shorts buy stock and sell an equivalent-delta of warrants. No loss involved other than commissions, (and theta, and maybe spread). Practical ? or just fun ? We'll see.