SANDSTORM OPTIONS

By sparky, October 15, 2012

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

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

Share your thoughts...

1 Comment on " SANDSTORM OPTIONS"

avatar

Travis Johnson, Stock Gumshoe
Admin
5719
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 »
wpDiscuz