SANDSTORM OPTIONS

By sparky, October 15, 2012

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Is there is any advantage in keeping SDXXF or SNXXF at this point or just sell them and buy SAND?

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1 Comment on " SANDSTORM OPTIONS"

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Travis Johnson, Stock Gumshoe
Admin
4825
October 16, 2012 10:19 am
Everyone has to make those choices for their own accounts, but trying out some scenarios can help to visualize what might happen. For example, if SAND goes to $17 before April 2014 for the SNXXF (SND.WT) warrants, that would mean the warrant should be break-even at $2.80, which would be a gain of 35-40% from the current price. SAND is at $13.75 now, so that would be a gain of $3.25 per share, or a gain of 24%. So in that scenario the returns are similar. If SAND goes down, and is at $10 at expiration, that would mean that… Read more »
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