Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Any Stock Warrants -- Ignore unavailable to you. Want to Upgrade?

To: Eric Maggard who wrote (90)	11/24/1997 2:18:00 PM
From: taxikid	Read Replies (1) \| Respond to of 1916

a mm can short sell the warrants too- very dangerous but it can be done- they are treated as equities- and if what you are saying is that the wts can be converted here at a profit then an arb is going to do that flat and not short sell the stock- taxi

To: Eric Maggard who wrote (90)	4/17/1998 8:42:00 AM
From: Paul B. Mackey	Read Replies (1) \| Respond to of 1916

Off Topic: Eric, I have just visited this thread for first time and am reading from the beginning. I read your and other's description of warrants but I have not yet seen anything dealing with my situation. I received one warrant for every twenty shares of common held in a reverse. My understanding is that I am entitled to purchase 20 shares of common at $7.00 for every individual warrant. i.e. 1250 warrants = 25,000 common. Stock price is now 6.25. If, at <say> $8.00, I exercise warrants, won't I, in effect, be spending $7.00 plus $1.00 (.05x20) to get $8? SCCO is the stock. thank you.