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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (184927)3/14/2010 12:25:53 PM
From: AuAdvocate  Respond to of 313855
 
1. Forced conversion of SCP.wt is hardly a "negative" as a $6.00 stock price for 20 days would allow exit from the warrants at a minimum of $1.75 intrinsic value & any time I can get 250% in 9 months or less makes me happy!

2. Since the current premium is very low the 9 months to maturity is a small factor - providing the stock advances, of course!

I'm not trying to get anyone to go after the warrants; just thought it was worth pointing out a good LEVERAGE situation. Full details can be found here:
canadianwarrants.com