Swift Energy fka SFYWQ

[LouisDesyjr]

Equity is negative

The problem is that one of the recent 10Q or 10K reports showed equity negative something like $800 million or more, meaning one can expect to common shares to get almost nothing.

While I am glad to hear the common are getting something, they are getting something where the strike price will be so high that they will never get in the money.

While the common shares may go up, it will only because the retail market is trading it and have no idea how little the warrants will be worth.

Since the downside is to get stuck with something that is worth almost nothing, I would recommend getting out of the trade with a profit and being happy about it, instead of holding on for more money.

Louis J. Desy Jr.