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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Rob who wrote (1879)1/22/1999 3:25:00 AM
From: kili  Read Replies (2) | Respond to of 7721
 
Rob,
I follow your argument part of the way. I, too, like the idea of having 2,000 warrants @ 7 better than 1,000 shares @ 15. However, it's an illusion. A 10% price increase on both instruments, assuming the total value/initial investment of the portfolio is equal, will maintain the status quo.

Exercising the warrants @ 12 will give you a strong case with your bank manager (but, alas, I can't guarantee my bank will consider a funny stock from Seattle lendable...), but my case -if switching- is similar: I can leverage my investment considerably by using my brokers margin allowance. But then again: The bottom line for me is that haggling for a few, meager percents isn't my goal. My MVIS dream runs up into several 100s of lovely %%%%!

To conclude: Since the % rise to the (first) targets of $12/$24 are reasonably similar, I feel comfortable either way.

Kim