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Gold/Mining/Energy : Precious metal company Warrants -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (663)2/1/2009 1:56:37 PM
From: LLCF  Read Replies (1) | Respond to of 681
 
And normally the warrants get "cheaper" on a valuation basis as the rally continues. My strategy here would be buy the stock, then when the stock get's to 7-10 say you sell it, buy the warrants (hopefully for like a buck and a half or less) and eliminate all that downside. Lot's of these stocks have (had a couple weeks ago) little downside, so the warrant's protective value was small.

Bought a boat load of RG on friday... speaking of "warrants". LOL

DAK