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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: whistler3000 who wrote (308863)4/21/2025 12:48:54 PM
From: LoneClone1 Recommendation

Recommended By
whistler3000

  Respond to of 312289
 
I am playing ODV through what is fortunately a small amount of one of the warrants, because ODV is starting to act like its predecessor company Barkerville Gold Mines even though it has new management. BGM diluted its shares so much that they did not just one but two 10 for 1 share rollbacks. With this latest heavily dilutive financing, they are so many warrants out now that any meaningful move up will be capped by people rushing to cash in their warrants.

I have pretty well given up on my warrants ever regaining any value. Maybe you can find a trade in the ODV common shares, but keeping your finger near the sell button would be my recommendation. Or find a better managed company to invest in.

LC