GREY:SNIOF - Post by User
Comment by
Sailor99on Apr 09, 2014 8:45pm
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Post# 22432933
RE:RE:RE:RE:SIO April 8th
RE:RE:RE:RE:SIO April 8th
Hedge ,I`m confused and don`t get you, explain if I`m wrong.
You say:
We saw similar games being played when the gypsy swap stuff was happening. Where some participates were selling .10 stock to effectively own the warrants for free. Now those same warrant holders can try and extract additional value by "trading around" their warrants.
The shares were 0.10 cents and the warrants 0.18.
If you sell the shares at 0.10 right away you still have to pay 0.18 for the warrants, no??.
Meaning you don`t own the warrants for free, am I wrong ?.
Now I`m almost sure that anybody that got in must have had some heavy inside info as to what was coming,meaning that by hanging onto the shares they could have doubled them by now and still have the warrants.
Only one other time I bought onto a PP with warrants, I exercised them at the price and sold them at a good profit, it was simple.
Correct me if I`m wrong..