GREY:NEVDQ - Post by User
Comment by
PieEconomicson Sep 03, 2020 11:46pm
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Post# 31508917
RE:RE:RE:easy multi bagger
RE:RE:RE:easy multi baggerThe PP investors lost 4 cents after buying and then selling 2 shares, with 1 free warrant remaining. If sp hits $1 in 18 months, the profit on the warrant is computed as follows: $1 - 4 cents - 20 cents = 76 cents. Anyone can buy the warrant at 4 cents and get the same deal. If you buy the stock at 12 cents and then the stock goes to $1 your profit is 80 cents having saved 4 cents and having had more flexibility as to timing, but having had to initially come up with 3 times the cash.
nofluff, thanks for pointing out this very rare opportunity, which unbelievably is still available. There is still high risk, however, due to the also very rare geopolitical backdrop society finds itself in.