RE:RE:Warrants or stock at this price I go with stock .CAinPlap wrote: I will and should get chastized for this thought but you can "exercise" your warrant for only 8 cents. (sell existing warrants at .07 and buy shares for .15) Otherwise you pay .30 down the road. 75% off sale. :)
Cue the leverage argument replies.
He he, I guess I'll go first. I think this may work for some, tho for me it makes more sense to wait until TLT is at least above $1 US, probably $2. In my case this is the only way to exercise, but after I have called up my broker, paid substantial fees, gone through the currency conversion, it will have halved my overall share/warrant count. Which, in the long run, should cost me a ton $$.