Kitov Pharmaceuticals Hldgs L Sponsored ADR (KTOV)

[tykundegex]

Unless my math is off, at today's closing prices, the warrants and the ordinaries (ADRs) have the same upside if the PPS only goes to $10. But at $15, the warrants are 25% better, and at $25 KTOVW has over 40% MORE upside than KTOV.

At significantly higher prices than that (entirely possible IMO), the warrants represent about 60% more upside than the normal shares (again, all based on today's prices).

I think I'll continue to accumulate some more KTOVW, tomorrow. And in observance of Yom Kippur, I will repent the sins of the past year's terrible investments, and promise to do better in the year to come.