MSB 2.89% $1.25 mesoblast limited

Cities warrants are being properly traded now with the market...

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  1. 11,852 Posts.
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    Cities warrants are being properly traded now with the market maker offering buy and sells.

    So and sos would not sell me longs at half the price they are now....

    The warrants last for many years but note I am losing, over all so far on trades so the risk is real of 100% loss. But my maths go something like this lose 1x, lose 1x lose 1x then make 50x times leaves me a very long way ahead .... BUT only if the >3x happens down the line. Psychologically I can handle losing 100% several times or more in a row before the big return.

    I wont be homeless if the big return never happens. But I may need sun glasses down the road in this risky business.


 
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