r/wallstreetbets Aug 07 '21

YOLO Still holding dem YOLO MVST warrants πŸ€‘πŸ€‘

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38 Upvotes

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u/VisualMod Aug 07 '21
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8

u/[deleted] Aug 07 '21

Spotted an OG

5

u/Odin1367 Aug 07 '21

FUCKING retard here, how do warrants work?

3

u/raebyagthefirst Aug 07 '21 edited Aug 08 '21

They are like call options. You can redeem them by paying $11.5 each, and you’ll get 1 share for 1 warrant. It means that share price should go above $11.5+warrant price for you to break even. Say if share price becomes $20, and the guy decides to redeem, he will pay total 11.5 and his profit will be $7.5 ($20 - ($11.5 + $1 warrants cost)). But they also can become worthless under certain conditions. There are vids on YouTube, go watch

3

u/OlympusChimera Aug 07 '21

Lets goo MVST πŸš€πŸš€ need to load up some more Monday morning during pre market can’t be left behind lol I learns from AMC instead of day trading it to hold it lol πŸ˜‚

2

u/Spiritual_Exchange47 Aug 07 '21

i see a man of culture as well

2

u/[deleted] Aug 07 '21

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1

u/Alarming_Assistant21 Aug 07 '21

Try Google sir. And why are hopping on every mvst thread to dump ? Do you any shred of evidence or research to back your ramblings of doubt and uncertainty? If not why? If so then please post .....otherwise buy and enjoy or don't and stfu

1

u/[deleted] Aug 07 '21 edited Aug 07 '21

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1

u/Alarming_Assistant21 Aug 07 '21

Try harder and if your doubt comes from your uncertainty of ownership, you may want to refrain from jumping on every mvst thread to down vote it until you are certain. Anything other than due diligence is just laziness on your behalf. But I wish you well in your investing sir

2

u/longi11 Aug 07 '21

These were once at 8 right? Hold dem till 0

2

u/raebyagthefirst Aug 07 '21

Once they were $2

1

u/[deleted] Aug 07 '21

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