Post by
shahabstarship on Feb 24, 2021 11:48am
Warrants
The action is not in the stock, but the warrants. Trading above $0.20 now. Now, there is no market making or delta hedging for warrants like with optioins, but this gives you the idea of market expectation for near future.
The shares sold from pp into the open market will run out soon. Big upday is coming then. I expect news to hit right after then for a sustained rally.
Comment by
ArizonaBilly on Feb 24, 2021 12:35pm
I noticed that. Very bullish sign. Unfortunately, we can't buy the warrants just yet in the U.S.
Comment by
shahabstarship on Feb 24, 2021 1:05pm
yeah, it's not the bet bet near 30-40cents in my opinion, since you can just hold the stock for similar gains. But below that, is really attractive IMO. Wanted to pick up some on the very cheap side the first day they started trading but not many participants were dumb enough, just didn't dip enough for me ;) Oh well, haha