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mylife4america

05/27/11 10:00 AM

#31563 RE: Long22 #31550

Hey Long...Pretty Much what I said


...I was stuck in as a warrant holder for a year...as I watched the company I was invested in go to the skies...about 9 months into holding the warrants (just 3 months away from being able to exercise them)...the stock was at its YTD high...the next 3 months had the pps slowly fall down to just over the original warrant price by about 50% over (it would have been a reasonable profit...but I saw it go so high that I was not satisfied at that point so I waited even longer to my own demise and ended up just breaking even)

...3 key points

...first...I watched that stock go to somewhere between 8-20 times the warrant price from what I remember...it was insane...and the company wasn't half the company SNEY is

...second...even though the warrants can be exercised at the year mark...it is a semi confusing hassle to exercise the warrants causing people to usually put it off...and to boot the process even once started takes weeks...so basically...probably tack on 3 months to the year mark once you factor in laziness and processing time...that was my story at least...and I'm pretty together and motivated as a person so I think it's a fair assumption

...third...all of the above is why I think between now and mid June or July is going to be huge...the rest of the year great until around Oct/Nov...probably should be out by Dec or for sure by Jan 2011...warrants will hammer pps 1st quarter 2011...until then it's showtime...I don't know exactly when...but people better quick jackin around

...mylife