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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (5014)4/7/1998 4:44:00 PM
From: RDavidson  Read Replies (2) | Respond to of 34592
 
Andrew, age old warrant problem is getting out on a thinly traded vehicle. Price spikes, a couple of guys squeeze through and the rest can't sell. Not saying it will happen here, don't get me wrong, but sure does happen a lot...

Staying with the common.

Best to you,

RD



To: Andrew H who wrote (5014)4/7/1998 4:48:00 PM
From: eric deaver  Respond to of 34592
 
<<Rather the discount would be something like 37.5% without the cost of your warrants, I think.>>

Yeah, that's what I meant. I little mathematic dixlexia.

Eric



To: Andrew H who wrote (5014)4/7/1998 4:51:00 PM
From: dan oreilly  Read Replies (1) | Respond to of 34592
 
Andrew: I word of caution on the warrants. BEFORE anyone buys it would be WISE to check with your broker and see if the warrants are "blue skied" in their state. IF the warrants aren't called or they are being played as a flip the "blue sky" is NOT an issue. If anyone is buying for the longer term it is best to find out now the status rather than later.
I learned this lesson a couple years back the HARD way on some warrants that were not "blue skied" in my state. Just a word of caution for those looking into the warrants to add to their DD questions.