re: DWAC

we're about to see another leg up. get ready

So are you saying that after a year, I can say hey I want my warrant converted to class A stock. And my $7.38 purchase becomes whatever the stock price is at that time?

Standard Lithium?

I have some of that. Not much. It has a good long term trend if I bank profit off of this DWAC I may roll some more into it

Thanks!

quote:

---

So are you saying that after a year, I can say hey I want my warrant converted to class A stock. And my $7.38 purchase becomes whatever the stock price is at that time?

---

No, the warrant gives you the right to purchase the stock for a determined price (strike price). The strike price for DWAC warrants is $11.50.

So you paid $7.38 for the right to purchase 1 share of DWAC at $11.50 in one year. If the share price at that time is over $18.88, you profit. If it's less than $18.88 you lose money. Of course the price of the warrants will fluctuate during that time period as well, so you can sell, hold or buy warrants over the course of that year.

quote:

---

No, the warrant gives you the right to purchase the stock for a determined price (strike price). The strike price for DWAC warrants is $11.50.

So you paid $7.38 for the right to purchase 1 share of DWAC at $11.50 in one year. If the share price at that time is over $18.88, you profit. If it's less than $18.88 you lose money. Of course the price of the warrants will fluctuate during that time period as well, so you can sell, hold or buy warrants over the course of that year.

---

This. The warrants at $40 are way in the money ($51.50 breakeven), but the time component of them being locked up until next September, at least, will weigh on them.

Anyone still buying at these prices? Thinking about jumping in and gambling

waiting for 98