RE:RE:RE:SZLS.WT warrants could go to 0.075 ¢ next week $$$$$$$$$$$$$You would be better off in shares up to $2.00 and better off in ws warrants after that.
Let me illustrate.
At 2.00 the wt warrants will be worth 2.00-.72 = 1.35 1.35/8 = 0.16 for a 3.2 multiple (0.16/0.05)
If you bought shares at 0.60-0.63 the last few days you could have had 10,000 shares. At 2.00 you would have had a multiple of 3.27 (2.00/.61).
Now say you bought 24,000 ws warrants at 0.25 (hard to get but doable) for the same $6,000. At 2.00 the warrants are worth 2.00-1.10= 0.90 for a multiple of 3.6
You would have made more being in shares up to about $2.00 and much more on ws warrants after 2.00.
At $2 your shares are worth $20,000, wt warrants $19,200 and ws warrants at $21,600
But
At say $5 your $6,000 investment is worth $50,000 (10,000*5) in shares $64,200 ((5-0.72)/8*120,000) in wt warrants and $93,600 (5 - 1.10*24,000) in ws warrants
I am ignoring any premium for time on the warrants but with 6 extra months the ws warrants will have more of a premium.
So basically at these levels shares are best up to $2.00 and if you are planning on holding past $2.00 warrants are better with the ws being about a 50% higher return. Keep in mind warrants are non voting, can be adjusted under certain circumstances and may need to be exercised in certain situations.
DYODD
skier59 wrote: Couldn't help myself, just got another 40,000 warrants. They just look so yummy at these prices. Bought 120,000 warrants the past 2 days :)
That's $1.12 @ break-even. Locks me in 15,000 future shares. But they also might make a nice trade in a couple of months?