though it is 1 lot=100 shares now ,my remiser still stick to 1 lot= 1,000 shares and I believe most of the brokerage house still apply the same old rules.Old rules die hard.
hi IVAN222.last quarter report was on 24/3/2016.so it should be coming end of next month,not this month.this recent spiking definitely cause by something we still don't know yet. :)
Hello Invan 2222, warrant won't go up as ady discounted due to expire soon, September, carefull being trapped, after expire, warrant will be delisted unless u pay more money to convert. Get it. Operator is pushing mother up, and hope ppl will buy cheaper warrant and being trapped. How to go up if someone is keep selling?
If I'm big stack warrant holder, ie, underwriter or owner..with warrant expiring soon, what I could do is.. Push up mother, warrant will look attractive for arbitrage gain.. I dump warrant to speculator as much as possible( most likely why it didn't goes up), now those speculators with warrants will now have the pressure on whether to convert it to mother no matter what direction the mother share is heading since its stagnant.. Bang! Conversion of each warrant @0.35 goes into ocr balance sheet.. Two birds one stone.. Transfer of risk
IVAN2222,you wouldn't die,don't worry..just lose all your money only..if you need help,then so many gamblers came out from Casino also need to be help also.
Yes Ivan u the tienkai I refering to earlier. I was hoping friends here to listen to my indirect warning 2 to 3 times. Yr option is cut loss or convert depend on your cashflow. Afaik OCR is a rubbish counter. Only buy warrants of very good stocks with reasonable premiums.
Ivan, next time watch out the warrant deadline before u buy, don make this heavy mistake again, To be honest, i think if u convert mayb u will not suffer as much loss.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
seantwj
16 posts
Posted by seantwj > 2016-05-26 11:34 | Report Abuse
calm down bruh