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.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: QuietWon who wrote (57127)	2/19/1999 4:50:00 PM
From: FatMatty	Read Replies (1) \| Respond to of 119973

SBAS - do your DD over the weekend...next week will be nice. FM

To: QuietWon who wrote (57127)	2/19/1999 4:52:00 PM
From: BarbaraT	Read Replies (1) \| Respond to of 119973

Have had warrants before - no problem. Dilution only matters insofar as the value of the actual stock. The exercise price of the warrants remains constant - $2 - so no matter what the price of the stock, the warrants should trade app. $2 lower. The only concern is if the stock price should drop and thus, the warrants will obviously drop with it. Monday there may be a lot of sellers since not too many people fully understand warrants and what it means to have them called. Actually, if the stock price drops on Monday, I may buy more warrants since I have 30 days in which to eiher sell or exercise them amd I am fairly confident that in 30 days, the price of the stock/warrants will be higher than it is today. By the way, I learned a hard lesson some years back when I sold the warrants a few days before their expiration because I thought the price would go down ... the actual day of the expiration, the stock price soared and the warrants went up a lot! I ended up selling 3 days prior thinking I was smart and taking a small loss of a few hundred dollars when, had I held to the close, I could have made a couple thousand. What I didn't know then, but do now, is that if you do not sell the warrants prior to the close of business on expiration day, you can still exercise them as long as you notify your broker of your intentions to do so prior to the business day's close. The worst case scenario is that I am stuck holding the warrants because the stock price does not perform and I convert them on March 20 to the common. IF I believe in the company, it would be the sensible thing to do (unless, of course, the actual stock is selling for less than $2 - at which point it would not be feasible since the stock could be bought for less than the exercise price).