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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: onepath who wrote (40742)	5/22/2007 4:50:09 PM
From: koan	Respond to of 78426

EQN wts are a thing of beauty, only surpassed by those U wts - lol.

To: onepath who wrote (40742)	5/22/2007 6:21:23 PM
From: LLCF	Respond to of 78426

<Anybody out of cash who owned EPM could have sold a few and replaced them with lagging warrants for a free gain.> Exactly the point of using the model to evaluate the warrants.... when EPM was below a buck the warrants were much more expensive on a Vol basis, easy to quantify with the model... they were trading North of a 55Vol... so I added stocks down there instead since I was bullish on the stock. Now the warrants are trading @ a 35 vol and the play is add the warrants to keep the upside and sell your stock. DAK