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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: jayrao who wrote (951)	5/30/2007 3:15:17 PM
From: Skywatcher	Respond to of 3862

been riding the HAPNW since .22 thanks to the heads up here! very happy!

To: jayrao who wrote (951)	5/31/2007 4:27:20 PM
From: Rollcast...	Respond to of 3862

Nice move on HDP's warrnts... over 2 million traded.

To: jayrao who wrote (951)	6/3/2007 3:46:50 PM
From: chuckmicro	Read Replies (1) \| Respond to of 3862

The increase in HAPNW's volume sure indicates that some people have reason to believe the deal is going to go through. If so, at .34, it looks good for a double if the vote is positive. I own warrants in over 30 Blank Check companies. I'm a leverage buyer, and anytime I can get a double or triple on a warrant just by having the company make an acquisition and have it accepted by shareholders, I'll buy the warrant. If the market likes the acquisition, the gain will be greater. I have had several 3-4 baggers and a couple of 8-10. Sure makes up for the 100% losers, and I had three of those a few months ago. I held warrants in the three acquisitions I know of that were voted down (TAC Acq., Cold Springs Capital & forgot the other). It looks to me like the Blank Check companies are doing a better job of structuring their deals since those three failures. This fear that the acquisition will be voted down by the shareholders has kept the price of the warrants at what I consider ridiculous prices, at least until recently. There are still several that are good buys based on any method of valuing warrants, if you ignore this fear factor, which I do. Chuck