Replies to post #26812 on China Growth Stocks

[steeledge]

drex, re: CFQWF - your warning is welcomed and appreciated. The recent warrant action has me a tad worried, but not enough to not be a buyer.

I can't find many other risk/returns where my profit expectation is so high.

Even at an only 80% likelihood of successful vote, we have the following calculation:
Assumption - post-successful vote warrant value of $3 (reasonable expectation for ultimate warrant price; quite conservative actually, but it's a round number)

(.8 * $3) + (.2 * $0) = $2.40.
($2.40 - $1.10)/1.10 = $1.30/$1.10 =~ 118% return in around 2 weeks.