What do you think of Sapcrest especially with its CB call warrant? The stock seems to have broken its 2.60 resistance and the call warrant has until next year September to trade.
I'm bullish on Sapcres, but unable to find a good entry point for the warrants. The warrants were trading at a large premium (+16%) when a buy signal was given (about 2-3 weeks ago) I prefer a premium of less than 8%.
If the premium contracts during a correction, I may enter a position.
Axiata Daily Chart
2 comments:
Hi Swifz,
What do you think of Sapcrest especially with its CB call warrant? The stock seems to have broken its 2.60 resistance and the call warrant has until next year September to trade.
regards
Hin
I'm bullish on Sapcres, but unable to find a good entry point for the warrants. The warrants were trading at a large premium (+16%) when a buy signal was given (about 2-3 weeks ago) I prefer a premium of less than 8%.
If the premium contracts during a correction, I may enter a position.
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