GREY:PGDIF - Post by User
Comment by
Kodiboyon Jan 31, 2016 1:19pm
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Post# 24510289
RE:RE:The Village Idiot Strikes Again!
RE:RE:The Village Idiot Strikes Again!Was selling my rights the right thing to do?
lets just say for this example that I sold my 200k rights for a gain of about 1 grand, less broker fee, which is min on line and I will discount it for the example, so I'm up a grand.
so now I still want to add to my position, so let's say I want those 50k of shares I missed out on at .10, but I can buy 50k on the open market for .105, which costs me $5,250, which is only $250 more than if I excersised all my rights...but I'm still up $750 form the grand I made on the rights, and that $750 was just about enuff to pay for my ticket to Hawaii. Hmmmm, what's in your wallet?