RE: I put in a stink bid for wtsGot the warrants too - except this is the second time around. Sold a bunch at $1.04 and bought back all at .51 cents plus some. Watched it go down under 40 cents, but held strong.
You simply have to take some off the table when up 50 %. It is just solid trading to do so...... Greed may make you want to wait it out, but I certainly am glad that I sold 40 % last time at 1.04 and wish now that I had sold all at that price.
I agree that PMs are at a juncture where a big break out just may occur - however you are talking about a timed investment that expires in only about 100 days. I will hold some for 60 more days, but will take profits as I go.
If I want leverage, I will buy into a play like YNG.TO that has nowhere to go but up and is a producing value play with no expiration date. They have a new lease on life and if they can get cost down in Nevada - a triple is a no brainer.
Remember - warrants are not eligible to be cashed in by non-canadians. Americans can trade warrants, but come October 24 - you should be out of these.