Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Trinity Biotech (TRIBY) -- Ignore unavailable to you. Want to Upgrade?

To: PAR who wrote (9703)	7/9/1998 10:34:00 AM
From: Scott H. Davis	Respond to of 14328

But you need to realize that management changes (extensions & price reductions) are somewhat common with warrents. One of several reasons I don't trade warrents since the value is elusive. Scott

To: PAR who wrote (9703)	7/9/1998 6:31:00 PM
From: Ted Gregg	Read Replies (1) \| Respond to of 14328

I was glad for the extension because it provided a trade: bought @ 1/16 in May & sold yesterday @ 5/16. I am still holding some B's and will buy more when the dust settles. This consoles me little since the A warrants "ate my lunch" and some of my TRIBY I bought in the booming $5 to $6 range. What are the possibilities of Uni-Gold HIV approval before the new warrant expiration date? It seems warrant expiration extensions & other term modifications are more of the rule than the exception. I was surprised the A's were not extended. I appreciated management making the "no extensions" CLEAR on the A's. I was then clear on the risks. I do not recall them saying the same for the B's. Most likely if those holding the warrants speak loud enough or management feels they could use the cash for some purpose then there may be term changes. So why the extension? Who are the holders? What would the cash be for? Will there be an event before the new expiration? All IMHO, Ted