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Both of these stocks have surged for a couple of days, DSTI up nearly 20% today and DSTIZ near 60% today. Both are named DayStar Technologies Inc. How are they related and why would one go up 3 times as much as the other?
And wouldn't you guess, I played the lesser.
bdgee
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OOPs....that's DSTI and DSTIZ....I'm working on my typing, I promise!
posted
On NASDAQ (or NYSE), the fifth letter of a stock symbol usually has a special meaning. "Z" means "miscellaneous situations" .. you can read more about it here: http://en.wikipedia.org/wiki/Ticker_symbol
The usual way of things would be that DayStar would trade as DSTI, then as DSTIZ.. but not as both at the same time. Truly a miscellaneous situation
a surfer
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quote:Originally posted by a surfer: up 30% today... DSTIZ
posted
Yes. Z is the warrant. It can be a good trade or daytrade though. Much better than DSTI, imo.
fourseven
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quote:Originally posted by Thorn: Yes. Z is the warrant. It can be a good trade or daytrade though. Much better than DSTI, imo.
Thanks for clearing that up, Ace.
fourseven
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quote:Originally posted by Ace of Spades: DSTi is the actualy stock and DSTIZ is the the symbol for the warrants on the stock I believe.....just like ASTI and ASTIZ
Thanks for clearing that up, Ace.
inlovewithpennies
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Definitely interesting!
Ace of Spades
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I personaly haven't done this, but you can trade the symbol for the warrants too. The only thing is the warrants expire, so as long as you know the dates and just trade them. You can make money.
posted ![[Smile]](smile.gif)