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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Proud Deplorable who wrote (67804)	12/1/2006 1:38:13 AM
From: zoo york	Read Replies (3) \| Respond to of 313175

I bought a few more SST.wt's today. The way I see it, once SST gets a PP out of the way to raise some cash, it will be fully leveraged to exploration news throughout the winter trading season, and therefore I expect much higher prices than we have seen so far. Since the stock is trading right around the warrant exercise price right now, the intrinsic value of the warrants should rise penny for penny with the common stock. I think we will see SST trade above $3 before the end of this seasonal cycle, so that would suggest to me a warrant price of about $1.10 or so. Buying today means you could bag 5 times your money within a few months, if I am right. I have also added to my SST shares but did not chase it all the way up. cheers! COACH247