InvestorsHub Logo
Followers 38
Posts 4495
Boards Moderated 0
Alias Born 10/21/2014

Re: stockwolf post# 14

Tuesday, 03/31/2015 3:28:39 PM

Tuesday, March 31, 2015 3:28:39 PM

Post# of 527
Correct, as a matter of fact my broker calls them
SLTD WAR MAR04'20 4.15 CALL

So essentially they are like long term options (I guess LEAPS would be a more appropriate term) but they have certain benefits. Maverick on a regular SLTD board is pretty knowledgeable source



This is my last post for the day so I don't get to comment on earnings later on. Sad ;)
Anyhow, I think warrants are undervalued. You can currently get them at 50% discount to regular share. I picked up some in 2.50s today. If you believe SLTD will hit double digits you will essentially be doubling your position for free.
However, there is always a risk of SLTD going south so use common sense
You can convert them at 4.15 through the company, yes. So even if there is no liquidity in the future (I don't anticipate there will be much) you can still convert warrants into stock into cash, it's not like you will be a proud owner of paper gains but can't get out.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.