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Microcap & Penny Stocks : UTDL (United Leisure Corp.) -- Ignore unavailable to you. Want to Upgrade?


To: Gary E. Johnson who wrote (159)4/8/1999 4:43:00 AM
From: DAY TRADER  Respond to of 389
 
Well, with your luck I would hold on for $10!

DT



To: Gary E. Johnson who wrote (159)4/8/1999 11:11:00 AM
From: Rollcast...  Read Replies (1) | Respond to of 389
 
Just my opinion but with your profit it would take a minimal sale to remove your cost (and your risk).

I'm not sure what the terms of the warrants are on UTDL but they may give you some ability to hedge your risk.

I agree there is some real upside here - particularly with the eventuality of the IPO by Sands... on the other hand there seems to also be some supply out there on the common today. There me be some arbitraging going on (shorting common - buying warrants).

If anyone has the terms on the warrants please post?

thx in advance