At RM0.005, with ratio of 50:1, strike price of USD48.8, foreign exchange conversion rate of 1USD = MYR 3.115, you'll need the mother to reach approximately USD48.9 to break even. Currently the mother only trading at USD 21.71 - mission impossible.
Playing momentum instrument already risky, playing momentum instrument with different time zone = (risk)^2 = suicide mission.
Better donate the money to charity center if you don't love it than giving it free away to Ambank Investment Bank.
Facebook (NASDAQ: FB) was upgraded by equities research analysts at Pivotal Research to a “buy” rating in a research note issued to investors on Thursday.
A number of other analysts have also recently weighed in on FB. Analysts at Sterne Agee reiterated a “buy” rating on shares of Facebook in a research note to investors on Monday. Separately, analysts at Oppenheimer reiterated an “outperform” rating on shares of Facebook in a research note to investors on Monday. They now have a $41.00 price target on the stock. Finally, analysts at Goldman Sachs reiterated a “buy” rating on shares of Facebook in a research note to investors on Thursday, July 19th. They now have a $42.00 price target on the stock.
Facebook traded down 6.06% on Thursday, hitting $27.561. Facebook has a 1-year low of $25.52 and a 1-year high of $45.00. The company has a market cap of $58.928 billion and a price-to-earnings ratio of 73.17.
Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers.
Passerby: we don't need to invest a lot just a bit will do. 0.005 is the lowest rate i think no harm to try luck right? thus, if go up to 0.01 you also consider earning right. but i'm still appreciated your valuable advise. I'm not greedily, thinking to buy a bit as my 1st try in warrants. By the way, hope that you could teach me more because your sound like warrants kaki. I'm still very new in this market. Thank you in advance.
TP USD 42, you need the mother to hit above USD 48.8 to turn this toilet paper in-money.
Achievable ?
In 2 different time zone, you lose advantage on the momentum trading.
The price of warrant is set after US market closed. So do you expect you can sell your warrant RM0.005 cheaper if FB mother price drop when US market closed ? Or you can enter at RM0.005 higher if FB mother price rises after US market closed?
The momentum which is essential for warrant trading is missing here for SW for US counters.
Forget about it now euscilyn, or go buy the real mother share on Nasdaq if you really so optimistic on FB.
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....
euscilyn
592 posts
Posted by euscilyn > 2012-07-18 07:50 | Report Abuse
Any advise frm this counter ?