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Message: Re: Warrants
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Jun 20, 2017 04:06PM

Jun 20, 2017 04:23PM

It took you a while Hartland  :)

I did contemplate taking those steps this morning and I was hoping the SP would rebound higher sometime during the day (which it didn't).  

For us Longs who believe that RVX will succeed - we are anticipating to see SP well above $2.40.  Heck, since we are of the mindset of not selling, it basically boils down to ... either we profit greatly or it is a bust.

Therefore, as you mentioned - take $20K and put it in your pocket and re-invest the 7K.  If it takes off (which Longs believe) - you still have your shares - and if it fails and the SP suffers, well you will have lost the 7K - not 27K.

Timing is always everything.... which I suck at.

In my opinion - it is quite possible that this represents some of the activity we have seen today.

This is not investment advice ... DYODD.

Long

 

 


Jun 20, 2017 04:36PM
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Jun 20, 2017 06:19PM
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