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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Dan Meleney who wrote (37560)4/24/2010 1:43:07 PM
From: Madharry  Respond to of 78510
 
Something tells me that the best strategy is to buy both units and warrants because if the warrants are not exercised the units become much more valuable, but I suspect that the manager will do anything in its power to get the share price above $12 to encourage the warrants to be exercised thus doubling funds under management. The only question is what the proportion should be between units and warrants. I would think that there is some smart mathematician out there with an answer. Im not smart enough to solve this on my own.