Post by
Investorpigs on May 11, 2018 2:00pm
Warrants
I’ve never bought warrants before. Does this mean if I think Vida will at any point over the next two years have a stock price of 1.60$ or more I should buy warrants instead of common? I’ll make 900% vs 60% correct? Except if the stock price doesn’t reach 1.60$ I’ll lose everything? Am I understanding that correct or missing something?
Comment by
MrPotShot on May 11, 2018 2:31pm
When you buy the warrants for .16 then you are betting that the stock price will be over 1.76 in the next 2 years (1.60 + 0.16). You can also trade warrants, you don't have to hold them any longer than a common stock.
Comment by
Investorpigs on May 11, 2018 2:56pm
That’s great. Thanks for the info!