GREY:CVHIF - Post by User
Comment by
lscfaon Mar 27, 2021 12:19pm
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Post# 32892978
RE:RE:VIBE Warrants (15SEP21)
RE:RE:VIBE Warrants (15SEP21)I instructed my broker yesterday to exercise the warrants too simply because I have the cash in the account to do it and the interet rate on cash balances is squat. I plan to hold Vibe long term as it is a grower and potential takeover target.
snootchybootchy wrote: davgro wrote: I put in orders this morning with TD Direct Investing to exercise all the VIBE warrants (15SEP21) I received as part of the 1st tranche. There was no cost to exercise the warrants and the representative said that the shares should show up in my account within 2 business days. Only requirement was that there be enough cash available in the account to cover the cost of exercising the warrants. I will update the board when I receive those VIBE shares as I am skeptical that they will actually be in my account in 2 business days.
Could you share why you decided to exercise the warrants now? Are you exercising them now just for the purpose of selling those shares for a profit? Seems like if one is long on VIBE and wants to hold onto their VIBE shares, they would want to wait until September or as long as possible to exercise their warrants.