Beware Google-CW
At the closing price of US$660.5 yesterday for Google, the newly listed warrant now trades at more than 40% premium with its CW price at above 25 sen. Even at 20 sen its very expensive, 15 sen is OK. The issuer will be throwing papers at you at anything above 20 sen.
2 comments:
People who know how to calculate premium/risk:
Google, this is madness.
Today morning warrant-buyers:
Fight for Glory!
Today morning warrant-buyers, 7 mths later upon expiry date:
Tonite, we dine in Hell!
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