InvestorsHub Logo
Followers 113
Posts 9793
Boards Moderated 1
Alias Born 05/20/2010

Re: makinezmoney post# 137

Tuesday, 02/09/2021 8:10:17 AM

Tuesday, February 09, 2021 8:10:17 AM

Post# of 143
news of J/V should come down the runway any day now and will make new all time highs.....I am playing the warrants as they are undervalued....$24 strike price and each one is 1/10 of a share and are trading at .50 cents right now....

10 warrant shares at .50 cents each is $5 bucks that allows you to buy one common share for $24

$24 bucks + $5 bucks =$29 bucks

therefore through the warrants you can get $34 shares for $29 bucks...this arbitrage will close eventually but it's a bargain right now.....

I'm just here for the boom boom...