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db7

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Alias Born 09/02/2003

db7

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Re: greens12 post# 7

Tuesday, 11/19/2019 7:11:43 AM

Tuesday, November 19, 2019 7:11:43 AM

Post# of 32
Hi Greens12, these 'were' trading really nicely out of the gate until they were delisted from Nasdaq. Although the volume/attention on them isn't as great as when Nasdaq-listed their attraction/investment potential doesn't change IMO. I 'personally' chose to change my entire position in Dermtech from a mixture of common/warrants to strictly warrants based on the 'possible' amplified leverage they bring. 'I believe' DMTK will trade above $30 (and possibly) much higher by time the warrants expire in 2024.

Common vs warrant examples (from my original entry points for simplicity):

my averages were/are:
DMTK $5.55
DMTKW $0.1136

'if' DMTK hits $30 'before' the 2024 DMTKW expiration:
DMTK $5.55 to $30.00
DMTKW $.1136 to $1.75 (likely higher due to premium too)


'if' DMTK hits $40 'before' the 2024 DMTKW expiration:
DMTK $5.55 to $40.00
DMTKW $.1136 to $4.25 (likely higher due to premium too)


'if' DMTK hits $50 'before' the 2024 DMTKW expiration:
DMTK $5.55 to $50.00
DMTKW $.1136 to $6.75 (likely higher due to premium too)



of course the flipside to my love story above is if DMTK never breaches $23 before 2024:
DMTK $5.55 to $23.00 (nice gain!)
DMTKW $.1136 to $0 (oops!!!!!!!!!!)




Good Luck!!!!!!!!!!!!






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All posts are strictly my opinion and are not buy or sell recommendations.