Replies to post #15404 on uWink Inc. (UWKI)

[BadMutha]

I get your point but he clearly stated in his article "2 for the price of 1". Just think it is a little misleading. Overall, I think the article is good exposure. Just one in a long line of many to come.

[ssc]

Hard to say they didn't risk any money when they bought the shares at $2, considering they are only worth $1.76 right now.

[the big guy]

whether or not they are "free" is a matter of semantics. I have stated before that these warrants are like options and hence could be priced. Basically, if the stock goes up above 2.40. they will become worth something. The price now is based on the probability of that happening.

If I were an institutional investor, I would perhaps simply keep the Warrants. I know I can get back in if the stock goes above 2.40. I would consider selling the stock to achieve a tax loss if I wanted.

SO they are free on paper now, but they certainly took into account future cash flows when they did this deal. and, they are currently down in the stock, so they are not really "free".