Replies to post #6192 on China Growth Stocks

[Drexion2004]

Hah! Glad you made some money on TMI Warrants as well! That thing is a beast.

I am of a firm belief it will be worth $5-$6 per warrant by the end of 2010. I haven't sold one warrant yet. I love the leverage and the underlying CME company. The intrinsic value right now is $2.15, but it also deserves a time and leverage premium over the common, so i'd say as long as the common remains at $7.65, a fair value for the warrants would be $2.5-2.6.

Regarding Shenzhen, I was actually over there a year ago! Nice city, seemed to be growing at an INSANE pace...The scale of the construction projects was just mind blowing.

-Fernando