CP, I have been pushing purchase of warrants when since in the 2s. This is a wonderful opportunity to invest one-ninth of the value of KMI and still go point for point once the pps gets in the mid 40's. It's a five year option. A winner.
Obama proposes a 95 cent tax increase.
This should move a lot of cigarette share holders from Altria to PM.
Super post Mike, but why say at the end "another year at least". Is not a falling pps the one factor to consider? And at any time in the future? Do you recommend any other with perhaps less risk or are you that comfortable where pps is now at? Thanks,
Ponca? Lets start over. I believe the only differences in PIMIX and PONDX are the minimum $ purchase and the mgmt fees
Hard to find any reason to sell these "rocket warrants".
Your estimate should be close if the 41-42 price is reached before year end and we still have 3 1/2 years remaining.
Wow, yet another positive spin on the warrants. I don't believe the majority of funds can invest in out of the money warrants as they are similar to options, with of course the four+ years. So here they are at five bucks, sweetness.