Replies to post #233 on Golden Nugget Online Gaming Inc (GNOG)

[investorcg]

Yes, that is what I'm saying.

Example:

Warrants give you right to buy stock at $11.50 a share.


So, once this gets to $15.00 or so, the warrants should trade penny for penny with the stock.


If stock went from $15 to $20...you made 33% on money.

Warrant would have gone from about $4.00 to $8.50.....you made over 100% on money.