Pinetree Capital Ltd.

Diversified investment, financial advisory and merchant banking firm.

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Message: Another Great Day

Re: Another Great Day

posted on Feb 24, 2008 03:28AM

They are to start trading warrants on Monday. How much would you pay to be able to buy PNP at $6.50

In reality the warrants today have no value, in fact they are under buy over $2.

However, let me ask you this. Would you buy 10,000 warrants at 5 cents? $500. I might take the gamble. If the price goes back to $14.00 you would be able to buy/sell and earn 10,000 x $7.50 profit less your $500 investment and you will be up $74,500 less commish. All for a minimum investment.

My guess is that you won't be able to buy these warrants and that the big boys have already gobbled them up.

BB

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