Post by
7Twiggy on Feb 05, 2021 12:22pm
Warrants should be between $7 and $8 as a bare minimum IMO
Lots of action on the warrants and the stock consolidating nicely. Forgot the warrants were also
trading on the US over the counter market. They traded as high as $5.50 US or $7.04 Canadian with a volume of 70,000. If this was listed pm on a main US exchange the volume on both the stock and warrants would be unreal. The warrants IMO should be trading somewhere between $7 and $8 Canadian.
Comment by
7Twiggy on Feb 08, 2021 11:47am
The warrants are at $7.40 this morning, stock hit a new high. I think there is a good chance the warrants hit $10 or above before earnings. Take a look at RWB warrants. They have an acceleration clause if the stockis at $1.50 or above for 10 consecutive days. Even with this the stock is on fire and the warrants could easily hit $1.00 in the next few weeks.
Comment by
7Twiggy on Feb 10, 2021 6:51pm
Think investors are finally seeing the true value of these warrants. Cresco warrants closed at $9.40 and RWB warrants closed at .95. I don't think we are real close to quarterly results for either, but both should be worth a lot more by the time we get close.