PINL:GRPOF - Post by User
Comment by
Pumper4Lifeon Apr 15, 2020 6:54pm
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Post# 30913969
RE:RE:The wise money
RE:RE:The wise money The wt is extreme hogh risk and you might want to stay away from them at the moment. They expire in 2021 and have a strike price of 1.30
so if tetra is not trading above 1.30 in march of 2021 , the current bid of 0.03 on those warrants will be 0.00 and you will lose 100% of whatever you invested
look at the wt.a or wt.b instead if you want a leveraged position in tetra instead of the wt
if Tetra trades at 0.70 , the wt.a will be .30 in the money meaning they will be trading around .35 since the strike price of the wt.a is 0.40 and expires in june 2022 . They trade at .13 atm so youd be up 270%
Kingofstockst wrote: Not familiar with warrants, so I can buy 1 and sell it anytime I want? Also if after 2021 they expire and become useless? Thx