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Non-Tech : Any Stock Warrants -- Ignore unavailable to you. Want to Upgrade?


To: SG who wrote (453)7/22/1998 1:45:00 AM
From: speculatingvalue  Read Replies (1) | Respond to of 1916
 
You're right. There is something like nine months left and there is no time value in the price. It's just low volume.

Actually, I'm Canadian. Do your own diligence, but there's a real company behind the story. I'm impressed with the company and management. The fuel cell stuff should give them a lot of attention at some point, but they are largely unnoticed now.

I think an American could do well with an undervalued Canadian warrant. The Canadian dollar hit an all time low today and the main reason is the interest rate spread between Canada and the US. There's a lot more upside potential to the Canadian dollar than downside so you should make a profit off the exchange rate on top of any warrant appreciation.

The Alberta exchange is junior, but they are in the process of applying for a TSE listing.

I'm in the opposite situation where American opportunities are unaffordable in CDN $.

Low volumes of the warrants have traded in the 20-30 cent range, but for a half decent volume, they are at a bottom as far as price goes.