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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: pocotrader who wrote (6785)	1/4/2009 9:52:24 PM
From: onepath	1 Recommendation Respond to of 23093

The time to own the warrant is when your feel or knowledge of the underlying stock indicates it is ready to move up.With MAR it is oversold and we look to be having a smallcap miner rally.Perfect if so.....that is the sell... sometime in this rally.By next fall unless the price of MAR is real close to strike the wt. could just keep declining evan if the share price remained strong.(declining time on a warrant that will not hit exercise price) In this case of MAR having 2 million wts. outstanding it means 12 million bucks to them if their share price is above 6$ in 15 months but if they hit the motherlode and the shareprice is 20$ they would not be to happy about honouring cheap wts. but then again you would be very happy.13.99 profit on every wt... score -vbg-