GREY:STTYF - Post by User
Comment by
bakken13on Nov 04, 2012 5:59pm
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Post# 20560781
RE: RE: predictions
RE: RE: predictions "But I wouldn't be surprised to see some warrants get exercised even if they're out of the money. If I was a fund who wanted to buy a 5% stake in SND for a long-term hold it'd be easier to just buy a ton of warrants, instead of trying to get my fill on the open market."
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And pay 70 cents per share?
I doubt it.
If a buyer was patient, he could get all he wanted at a lot less cost on the open market.
I think you just threw five grand away.