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Reason: None provided.

Now that the window to convert warrants (DJTWW) into shares (DJT) is open, by paying $11.50 per warrant to convert, then the price difference between warrants and shares SHOULD stay pegged very closely to shares being traded at an $11.50 premium, compared to warrants... But they're currently not.

As I type this, that premium is only $8.63 which means shares are priced at a bargain, compared to warrants. So, basically, $11.50 minus $8.63 equals a discount of $2.87 currently.

Because of this, I'm temped to sell my 2,000 warrants, and use that $ to buy 1,280 shares. Doing this would mean, essentially, that I would be saving ($2.87 x 1,280 = $3,673) vs. if I wait to convert those warrants down the road.

This is in an IRA, so there is no tax implication for doing this. I just wanted to see if anyone had any thoughts on this that I might be overlooking, before I go ahead and do this. Thanks.

103 days ago
1 score
Reason: Original

Now that the window to convert warrants (DJTWW) into shares (DJT) is open, by paying $11.50 per warrant to convert, then the price difference between warrants and shares SHOULD stay pegged very closely to shares being traded at an $11.50 premium, compared to warrants.

But they're currently not. As I type this, that premium is only $8.63 which means shares are priced at a bargain, compared to warrants. So, basically, $11.50 minus $8.63 equals a discount of $2.87 currently.

Because of this, I'm temped to sell my 2,000 warrants, and use that $ to buy 1,280 shares. Doing this would mean, essentially, that I would be saving ($2.87 x 1,280 = $3,673) vs. if I wait to convert those warrants down the road.

This is in an IRA, so there is no tax implication for doing this. I just wanted to see if anyone had any thoughts on this that I might be overlooking, before I go ahead and do this. Thanks.

103 days ago
1 score