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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (736)1/27/1998 9:38:00 PM
From: grw5  Read Replies (1) | Respond to of 7039
 
Q2. Ok if you buy a share of common for $1.00 and the stock is selling for $2.50 then you make 1.5 times your investment the second you excercise the warrant.

Don't forget to include the price that you paid for the warrant when you are figuring av. cost of the common stock that you end up with after you have exercised the warrant. (price of 1 warrant + $1.00 = your cost for 1 share common stock)

It can get weird when you try to figure out whether to exercise the warrant to common or just sell it as is.

George




To: Ga Bard who wrote (736)1/31/1998 2:21:00 AM
From: RavMan  Read Replies (1) | Respond to of 7039
 
GaBard:
I see finally I get it. I had to read it over a couple of times.
I bet there will be momentum traders unloading down the road that might be a good buying opportunity. While you are counting the shares
my MIDL is 10.5K and none of P or W I have.Thanks for sharing your
picks..

Rav


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