RE:RE:Can someone please help explain the warrants?BiggLebowski wrote: You are on the right track. I think the low warrant price may be due to people mistakenly thinking they have been accelerated. If you don't have cash to exercise the warrant you sell.
I've been buying them, will be shocked if we dont hit $8.00 soon. In that seneario the % gain on holding the warrants will be much greater than holding the stock. If it overshoots 8.00 by a wide margin the math looks even better. Good luck and buy those warrants!
I think your right, why else would the warrants that weren't in the news release be selling off and the common stock keep raising? lol.. The news release was for the private warrants dated in February, the ones with a 4.50 excercise, and that have an accellerated trigger if common stock is trading above $6, not the publicly traded ones at 5.50 strike plus $8 trigger, but in the news release it says 'all warrants', and while they obviously mean all warrants from February, this may be what triggered people who thought it was for all warrants in total lol, sounds dumb but not sure why else I can't see another reason.