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

To: tyc:> who wrote (316)	1/9/2006 8:23:12 PM
From: LLCF	Read Replies (1) \| Respond to of 681

I think that is the BEST way to play cheap options... no reason to sell them if you don't have to. Many people can't short the stock as it's expensive capital wise to carry a short position. Professionals get 'bonified' or MM hedge status and don't put up much extra money... we have to put up lot's of coin to short the stock. In this case I bought stock and warrants and will sell my stock over time and hold the warrants... similar to my EPM strategy. I'm in this stuff for the long term for at least part of my positions... so never plan to hedge it all off. dAK