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Re: SPORT19 post# 77139

Sunday, 09/09/2018 10:41:21 AM

Sunday, September 09, 2018 10:41:21 AM

Post# of 140475
I don’t suggest that anyone buy warrants as they may not be appropriate for ones experience or risk tolerance. Strike price to me is not that important as I buy the ones that are the biggest discount to their warrant value based on software that I developed a few years ago. On occasion, when a price discrepancy appears on the bid/ask, I will sell one class to buy another with better value. When the common moves up, you need not achieve strike, momentum alone is reflected on the warrants immediately, just at a much greater percentage rate. They all have many years left so like I mentioned, if anything is going to crystallize, it will be in that period, or all bets will be off anyways on the company, period. In that scenario, the shares and warrants will experience the same fate, just that my capital exposure was but a fraction of holding the commons.