Else Nutrition Holdings Inc T.BABY

Warrants on Sale

[canoehead]

The warrants are a great buy right now with no premium for time value. The warrants have a strike price of $3.25 until Oct. 6, 2022. Right now 5K on offer at $1.11 with the share price at $4.25.I already got some today. GLTA

[canoehead]

Make that $4.36 share price!

[retiredcf]

I like wts and own a few (eg. GRN, VEXT) but the problem with BABY's wts is that they are very illiquid and therefore volatile. It's almost impossible to unload them in any size due to the lack of bids. Basically nickle and dime bids all the way down to $0.60 when you finally get 30K. So in this case, the shares are easier. GLTA

[canoehead]

That may be true if you want to trade in and out regularily, but if you are in for a longer time frame and believe this is a $10 to $12 stock, then an almost 4 to 1 leverage on a warrant that already has intrinsic value is hard to pass up. I own both stock and warrants. If I want to trade I can flip the stocks and when it's time to cash out you can always convert warrants to stocks and sell

[QuestAcademy]

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