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Message: TFSA and warrants

TFSA and warrants

posted on Aug 28, 2009 11:25AM

I really like the idea of placing the warrants into the TFSA. Stupid amount of leverage assuming things go your way. Now for some of the logistics:

1. sign the warrant when you send it in.

2.have them calculate the net worth of the warrants make sure you are not over your allotment.

3.when you cash the warrants in can you have them sent back to you or does the broker need to send them in. I have heard horror stories on the turn around time when brokerages exercise the warrants or PP for clients. Any advice here would be appreciated.

Thanks Res

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