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Technology Stocks : Nikola Corp -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (12)	6/8/2020 10:41:03 PM
From: roto	Read Replies (2) \| Respond to of 252

Triff.. thanks much.. re: today, Draft Kings stk $38.00/ wts $26.05, the spread is at $11.95, little diff than the exercise cost $11.50. the DraftKings exercise date is 26Jun.. conversion what, the 25th. I have a question, is the conversion effective for only the original purchasers of the warrants? the reason why I asked, is that years ago I rode an oil wt, that I bought on the secondary mkt, from like $.25 to almost $15 or so (it too was called but well after one month of life). that warrant conversion was only effective for the original purchaser. I dumped the warrants at +$12 or so. I made great on the trade but much less so because I had to do the dump. now, Nokola stk is at $73.27/ wts at $23.26, the spread is at $50.01 considerably more than the exercise cost $11.50. so, I now am thinking WOW! what will happen.. what are my choices that presents. It's a rich fluke trade at the moment. it's going to be a weird late Jun/ early July for Nokola wts. I don't want to play Nikola to loose whenever the warrant terms.