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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (1042)4/21/1998 10:23:00 PM
From: Charger  Read Replies (2) | Respond to of 25711
 
Ok, I'm stupid. I thought I understood, but now I understand less, lol. If I pay $1 for my warrant now and the warrant increases in value to, say $2.50, and big brother grows to $6.90, I still have to give $6.90 to change to a big brother? Or is it 6.90 less $2.50? What is the advantage if I have to pay $6.90 anyway, why not just become a big brother?

Otherwise, if I buy tomorrow for $1 and sell the warrant later for $3, it is a simple stock transaction, correct? Unless during that time big brother should become worth $10 for 20 days and then I am in trouble, except that on the 10th day of that price range, I could exchange my warrant for common and pay ??? to do that?

Charger



To: Joe Copia who wrote (1042)4/21/1998 10:59:00 PM
From: Mr. Jens Tingleff  Read Replies (2) | Respond to of 25711
 
A little correction on Warrants Joe stated: Now lets say its "brother" AESP grows up to $6.90 .
Read "up to" as "above"

The exercisable price of warrants are in this case (AESPW) 6.90.

When the price goes above 6.9 you can still buy the stock for 6.9 and one warrant.

Say price is 9 you still buy at 6.9 plus the warrant you bought at .90

Kind regards
Jens