TSX:LSG.DB - Post by User
Comment by
basemetalon Oct 19, 2012 9:44pm
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Post# 20505400
RE: Support
RE: Support Why do you say, "..this thing is not looking good" when it is unlikely to fall more than a few more cents ? I would be more interested to hear how high it is likely to go next year when production is higher as promised.
Incidently I agree that it is unlikely to go signficantly lower because I believe it would not be worthwhile for delta-hedgers to short more common stock to hedge the embedded warrant of the debenture against further decline in price, (IMHO of course)
Buy low sell high..... it looks better all the time.