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Bullboard - Stock Discussion Forum Edelman Financial Group Inc EF

NDAQ:EF - Post Discussion

Edelman Financial Group Inc > Look at the warrant good opp. here
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Post by The_Roc on Aug 22, 2008 2:18pm

Look at the warrant good opp. here

Line up to buy at 02 cents 214,000 . If it where at the ask this would jump to over .10 cents almost no sellers. These could go back up to the twenty very fast.
Comment by 57161400 on Aug 22, 2008 2:23pm
Wrong board I think Roc
Comment by The_Roc on Aug 22, 2008 10:02pm
I manage to get 25,000 at 2 cent Planing to get more but money tied up. I waiting to sell MAA next week and get some moreHave a nice weekend
Comment by gertrude73 on Aug 24, 2008 8:52am
Roc, I am not sure why you would be interested in buying the warrants. I believe the Final Prospectus (see www.sedar.com) contains the section on warrants I have copied below. As I understand it, in a change of control or sale or merger of the company the warrants could become worthless or the exercise prise could change significantly. In any case, the exercise price is nowhere near the current ...more  
Comment by kerbacious on Aug 24, 2008 9:35am
warrants a waste of money..Stock just about as bad..As you see they need a ton of money to finish the project they thought they could build for a lot less.Now to raise this money in todays market etc with less cash flow projections and a penny penny stock..OUCH.......25 cents last week....I would avoid unless you just like flipping for a flip like a burger.........Too many unknowns....
Comment by gertrude73 on Aug 25, 2008 7:27am
Buddiee,I wouldn't say I am negative on EF. After all, I am heavily invested in it. I am expecting the share price to appreciate to somewhere between 70 cents and $1.10, based on what I believe to be the net asset value of the company. The ultimate price will depend, in my view, on the attractiveness to a new purchaser of the assets. I think the assets of EF will be bought out and taken ...more  
Comment by The_Roc on Aug 25, 2008 10:35am
Yes exactly, when Earth First get over 1$ the warrant will raise and might get back at the level last year. So I better have some at .02cent than running for them at higher price.
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