Have a read over this: http://www.investopedia.com/articles/04/021704.asp As for your specific question, you need to read SEC documents to understand the warrants themselves. Here: https://gyazo.com/0f98b96eda9870d0243b7d070d1b8988

Basically, you need to buy 2 warrants ($1.16 x 2) to be able to convert them into the ability to buy one common share at $11.50. Since the current stock price is $11.05, you would be overpaying by $2.77 (Price of 2x warrants + 1 share at $11.50). However, if at some time in the future the stock price rises above $11.50 + your warrant price, then you'd be able to make a profit.

well i definitely wasn't going to #TIMSYKES this one

Lol...good one. Am using that. :-)

you better tag me on it so i can see it thats my line

HA! Got you

You're looking for a "stock screener". If you're just starting out, use finviz ( http://finviz.com/ ). Just start looking at preset categories and find the area you're most interested in. Other sites have similar tools as well that you can look around at. Tim reccomends StocksToTrade, but it's a monhtly paid tool, so you might want to check it out later if it fits in your budget. Good luck!

Agree, on etrade I use the screener and etrade has a place to find the days biggest gainers and losers. At the same time I still believe that I should watch certain stocks daily waiting for the right and in that situation I already know about the stock ahead of time.

I remember there's a good free vid by Croock on pre flight checklist ahhhh. here https://www.youtube.com/watch?v=_cdc6g6DgCo from TraderChecklist should help

in Bob's words, if short ratio is beyond 10, let the fireworks begin!!

no thoughts on CVNA earnings winner?

Not one I am watching. cvna

New issue, looks pretty good

Normally calling should put you in a better position to grab some shares with etrade

@strandedusa what, calling them every time you want shares to short?

As i've said for years, Etrade isn't for shorting Pinks, Interactive Brokers is, time to start paying attention

Sorry first week and you haven't accepted my application for the challenge. Teach me Already! Oh and thanks for the tip.

contract from a larger company & NASDAQ compliance both released today at different times

Check yahoo finance, your broker news page under details or the news feed on STT..

thank you, That was amazing!!!

@JoelkenneyD your very welcome

I guess I should point out that it also seems you're having trouble trusting your predictions until the last second, which may also be an issue. It seems your predictions are good but you're trying to buy the second a bounce happens, which will likely never work. Predict bounces, use the resistance and support levels, and use limit buy or sell before the changes happen, so that way when they do, the automation can take place. The automation will ALWAYS be faster

Ok thank you. Do you know a good broker to short pinks with, e trade keeps denying me

The orders (not me)saying they can't borrow, for a number of reasons

IB is good for shorting pinks. If you can't afford the $10k minimun, try VenomTrading, which uses IB for clearinghouse and has a $3k minimum