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 : Tarp Warrants -- Ignore unavailable to you. Want to Upgrade?

To: kdm1957 who wrote (9)	7/24/2013 12:08:59 AM
From: John Anderfuren	Respond to of 19

Vly's tarp warrants have come down from the 2+ price to .7 as the underlying stock has gone below 9 and is now getting ready to go over 10. I've accumulated 55K of warrants with a basis of .71 over the last 9 months. and did exceptionally well on accumulating 500 call contract when the stock when under 9. The recent quarter news means we will see the bac b warrant back up from current .8 to 2 within the next 6 months. The Bac A warrant is priced attractively as well given BAC's probable price rise over the next two quarters. I've 380 1015 leap contracts and am accumulating more of the b warrants.