OTCQX:SREMF - Post by User
Comment by
ziggy19on Dec 22, 2010 1:22pm
306 Views
Post# 17883366
RE: Question about the warrants
RE: Question about the warrantswarrants are a great deal on this stock IMO, The warrants are pretty well trading at half the stock price so you can purchase double the amount of warrants for the same price.
let`s say CLQ goes up $1 to $2.40 well then the warrants should also appreciate $1 or come very close.
but because you own double the amounts you will double your profit.
person holding 5,000 shares will make $5,000
person holding 10,000 warrants will make $10,000
but the initial investment in both situations are basically the same.
Warrants can trade at any time just like the stock, my plan for this stock is once my warrants appreciate I will sell them prior to the strike date and buy the stock assuming I`m still bullish.