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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: renovator who wrote (109491)9/15/2008 11:29:11 PM
From: Salt'n'Peppa  Respond to of 206326
 
Thanks. Warrants can be a good trading vehicle but you must be nimble and make sure they expire way out on the horizon.

I've lost everything on 2K Novagold warrants that expire in two weeks. Bought them for $9 when NG was in the 20's and still hold them at about $0.10 - ouch!

Time value decay on warrants adds to the risk.
Buyer beware.
S&P