TSXV:CLAS.H - Post by User
Post by
whisky11on Apr 07, 2022 11:09am
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Post# 34584229
Warrants give you rights to buy stock for such a price.
Warrants give you rights to buy stock for such a price.It happened to me six months ago I bought warrants of IMCC (cannabis) I spent $5000.
Those warrants gave me rights to buy stock for $5.40, I wanted to buy 30,000 of the shares using those warrants, of course with my luck, the stock dropped to $4.04s and my warrants were worthless.
Did I lose $5000 you may ask? No I didn't, I bought 30,000 shares one month later for $2.50.
Because of bad luck with my warrants I make $85,000.
Advice: if you knew what you were doing buying warrants follow that thoughts and do the same, buy shares, of course as long as they are cheaper.