RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bargain: N.WT.A valued at 88c Saxon73 wrote: marvelmaker wrote: The simple reason is buy as low as possible, as many as possible, and manage costs.
A warrant gives me the option to convert to a share. I accept the risk. I consider time value premium to be a negative in this regard because it makes the warrant more expensive. The n.wt are maybe disregarded in favour of the n.wt.a, but to me it is the hare/ tortoise scenario where they will whiplash ahead as the sp approaches strike price. If n.wt.a had a different strike price I might consider accumulating them.
I am sticking to my plan because it works for me in my situation. It is riskier, I will admit, but I think it is too soon to grab the n.wt.a warrants. I am waiting till they are in the money. I have been burned too often with trading so it is buy and hold for me. Yes I could time the bottom better, I work full-time during the day and can't watch the market. I also want others to know please if you find a better strategy manage it. My situation works for me. And good luck to the longs. I have no well wishes for the shorts
Thanks
Rob
If you can't actively manage during the day then I would be setting up stop buys and sells but more importantly, diversify.
I'm still trying to wrap my head around your preference for the older warrants versus the 5 year. What is your source for warrant insight? I'm not getting the full picture on this site, even when I click on warrants of interest for more details. There's not enough info.
https://canadianwarrants.com/bargains/current.htm#axzz5Wxdk02kA
Ppl. that convereted n.wt to n.wt.a when the price differential was a mere 2c are CLEARLY ahead. There is no justification to hold n.wt vs. n.wt.a when the price difference is 2c !!!!!!!!!!!!!! simple as that.
No retail has noticed (though late to the game as always) and poured all over n.wt.a (probably by selling their n.wt) and price differential is 20c
Warrants have torque (leverage) and that's the way to play this game specially with a high beta yoyo like N.
HUUUUUGE assumption that ppl. holding n.wt are counting on is SP will be over $3.15 this year. Fair enough, it may be, in which case n.wt.a will also be much higher because of the TIME VALUE and NO ACCELERATION clause. No way in heck n.wt will surpass n.wt.a in terms of price.
Looks like some ppl. missed the boat and are now defending their position. I personally converted all my n.wt to n.wt.a when no one was looking for extra 2c per. That was the right move. If you disagree then you're just a bitter reail investor who once again late to the game.