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To: pocotrader who wrote (71543)8/30/2011 5:14:54 PM
From: koan  Read Replies (1) | Respond to of 78406
 
<<< what do you think of the NGD C warrants Koan?
Don't like them. Little leverage 2 to 1 and they would fall like a rock if NGD fell.

The A's being mostly time value, give better leverage and are safer, as they would flutter down with a fall in the stock and the B's have the great leverage.

If NGD keeps going who cares if you have to trade time value for intrinsic value and at some point the extra leverage would compensate to a large degree.

So the A are safer and B's are still giving 13.5 to 1 leverage, which is nuts, IMO given what is going on.