OTCPK:NWKRF - Post by User
Comment by
Itsatrapon Mar 25, 2018 1:23pm
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Post# 27777755
RE:RE:RE:BIG news coming
RE:RE:RE:BIG news coming BUYING4ME wrote: Can you explain your play on warrants? The exercise price is $1.75 isn't it? The stock has to hit $1.97 to break even, or $3.48 to make it a better buy than buying shares. If you buy shares @ $1.16 and it hits $1.97 that's 70% gain. If you buy warrants at .22 and it hits $1.97 you have 0% gain. You'd need the stock to hit $3.48 to make the same 70% gain you would by buying shares vs warrants. Am I looking at the wrong exercise price or is everyone assuming this thing is going to hit $4 in the near future? Either way I'm trying to figure out why everyone is so excited about the warrants as I may have missed something
The only reason I bought hip.wt was to flip them after the Senate approval, I have no intention of holding them for long. I found the following blog post informative, hope it helps. https://nasdaqnewsreports.blogspot.ca/2018/03/two-cheap-warrant-plays-in-canada.html?m=1