Re: whats going on with the move on K.wt C

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ebear

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Re: whats going on with the move on K.wt C

in response to

whats going on with the move on K.wt C

MarcusAurelian

posted on Sep 17, 2008 08:49AM

any ideas why some one is paying 3.00 in volume for a five year warrant with a 32. dollar handle???

I would really like to know what this is about

2 possibilities.
1. someone wants them higher so it looks like they're worth something.
2. they're actually worth something.
I see K is up 6.5%. Newmont 8.3% Goldcorp 9.2% Agnico 6.0%.
So much for the miners going down in a crash.
If I were short gold or gold stocks, right now would be a good time to cover.