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TopicStock Topic 13
StartTheMachine
12/22/20 1:18:35 PM
#190:


red sox 777 posted...
Huh, it looks like AVCT has increased much more than AVCTW. Surprising given the warrants don't expire for years..

For CYDY, no idea about the company, but a stock doubling in the past 6 trading days, if it isn't an IPO, is usually a hard no for me. Sometimes you miss the boat.

Warrants rise like crazy once they're in the money - strike price is 11.50 in this case. When the commons are still this far away, they fluctuate based more on the usual trading. That's why they went from 30 cents to 2 dollars that morning back in August: immediately got in the money and mooned.

And yeah, CYDY is a play I'd want to get in and out of rather fast. Though I think it could also be a winner long term, I'd rather stick with AVCT on that timetable.

Anywho, I never pulled the trigger but CYDY had a huge pullback today and it makes it tempting. If it goes to around 5, I'm doing it. But I also realized that I'll sell my AVCT commons to get in and not the warrants. Those are about break even (they would be green if I didn't mess up the tax lot and wash sale rule stuff).

Man I'm psyched for the market again for the first time in months.

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