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 : The New Corporate Vision Inc. ( CVIA ) -- Ignore unavailable to you. Want to Upgrade?

To: Tony who wrote (1187)	2/23/1999 11:46:00 PM
From: K A Anderson	Read Replies (2) \| Respond to of 3596

Tony it can be done that way in an idea world... but I have done a little research on this, the warrants are a separate security issue, so they would have to be independantly adjusted. The down time and re-recording and all the things that would go into this, just doesnt Just another reason I hate warrants, they are great for investors (sometimes) but really alter every aspect of what you can do with the seem worth the trouble, considering there is only three months of life left in the warrants. stock structure. Also a company with public warrants sometimes find themselves being shorted to the strike price of the warrants, because it assures the bearer of the warrant they can always cover at a certain price. A classic case is like our strike price is $3 if the stock runs to $5 then someone throws a short out and if it is a big enough short it will take the stock price down... it doesnt really matter because the person holding the warrants will have the ability to cover at $3 because all they have to do is exchange the warrants and cover with the incoming stock. Then in some even worse situations a company with public warrants wind up with arbatrage headaches from the market makers on top of being shorted. Enjoy these warrants while they last, because they are not my most favorite security.<g> KAA