PINL:BZAMF - Post by User
Post by
GGORI94on May 26, 2020 9:23am
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Post# 31072297
TGOD play with lowest risk through earnings IMO
TGOD play with lowest risk through earnings IMO TGOD.WS is 50% undervalued. If you want exposure to TGOD but are a little hesitant of eanings tomorrow, TGOD.WS is the best value IMO. Here is how I arrived at this conclusions
Gather as many price points in as many time frames as you can (more data points you use the better)
Example: FEB 7th, 2020 (use at least 10(some in up some in down trend, this changes correlation))
TGOD: .64$ TGOD.WS: .285$ TGOD.WT: .09$
you will realise that WT warrants are priced now exactly where they were when tgod was last around these levels which makes sense, but the WS warrants for some reason (maybe because there is an extra step to buying them) has not reached that level yet. Not to mention the WT warrants cost 3x more to exercise with about a 1/3 time premium. this actually confirms the data points as WS is around 1/3-1/2 off its value
Keep in mind though that warrants in general expose you to a more leveraged position
Good Luck