GREY:NEVDQ - Post by User
Comment by
bluegrass3on Sep 24, 2020 5:40pm
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Post# 31617650
RE:RE:RE:RE:Bog; Thanks for your comments on warrants;
RE:RE:RE:RE:Bog; Thanks for your comments on warrants;
Bogfit,
Happy to help out. I think the best use of these boards is to learn from each other.
And thank you for teaching me how to spell tradable.
This NCU warrant is a little unusual in my experience. Most companies indicate in their press releases that they have a tradable warrant. I can't find anywhere on the NCU press releases that this warrant is tradable. I found out because I subscribe to a website that has a database for all the tradable warrants and post newly listed warrants. When I saw that ncu.wt was available in late August, I was intrigued because it was already a producing copper mine and the exercise price wasn't too far away from the common price. I managed to get in early at $.02.
I enjoy reading your posts, but disagree slightly on gambling vs. high risk investing.
I don't disagree that one call lose all their money on either "bet".
The way I see investing differently is that if I make a bet on a roulette table and I lose, I lose immediately and have to bring in fresh money if I want to bet again. If I invest x dollars in a stock and it goes down, I have a paper loss, but also have the possibility that the stock price increases in the near or not so near future without having to add addition money.
I've been in numerous casinos and follow the gambling advice that I learned early on:
"Lose your money as slowly as possible!"
All the best,
BG3