The Warrant Thread (wt)

bocadillo,
When I first started trading SDPW they had eight years to run and even now with four years remaining I hope to come out on the right side, although my average buying price is much higher than current levels. Even so, a long life is no guarantee. What could be safer, I thought, than MJGW which I started buying a couple of years ago and still has seven years to run. They are practically worthless now as a result (correct me if I have this wrong) of gearing up at completely the wrong time, losing asset value, and being obliged to sell at low levels because the gearing had thus become disproportionately high. I do not have any information on DELW but it sounds interesting.
ashtongray,
Thanks for the suggestions on spread and market size, I shall pay more attention to these.
My experience with warrants got off to a bad start some years ago with BTR when I held the warrants to expiry and nil value. I had thought that three years was plenty of time and it might have been if I had had the sense to cut my losses after six months. After that I did much better and traded SDUW, PLIW, HTTW(now Polar)quite well, and TRGW quintupled within a few months. But the results in trading emerging markets were indifferent and I am now stuck with several where the prospects are not good now, e.g. FLCW, TEMA, SJGW, as well as SEFW and SDPW which I am more hopeful of. Altogether a mixed bag of results to date.

Seasons Greetings to all.