Post by
tamaracktop on Jul 29, 2024 4:58am
You don't get it
I'll try to make it simple.
The stock will be at 75 cents or less the whatever day they expire.
Absolutely no question.
Because of the very fact that these 4 million warrants can't be sold because they don't trade guarantees that the ONLY way for warrant owners to monetize any gain is to sell the stock above 75 cents.
It's a covered short.
Not a naked short.
I'm not talking about shorting per-se, I'm talking about arbing a certain profit.
People who own these warrants can sell the stock BEFORE they buy it for 75 cents.
It's actually very simple.
Then those people with warrants who haven't sold the stock won't bother exercising them when the stock is 76
cents.
Then the whole warrant hype will fail miserably.
The $3 million coming in from the much hyped warrant financing ( hahahahaha. After 12 news releases in 6 weeks ) is doomed to fail.
It will fail miserably.
It already is.
This is the end
my friend.
Comment by
GrahamB on Jul 29, 2024 7:40pm
Good to see you back again Tamaracktop. Your predictions here have been directionally right. The only thing the pumpers can do is rehash one call, and from what I can read-taken way out of context. The attempts to discredit you are meant to take the spotlight off the dreadful financials and operations issues of the company IMO TIME WILL TELL !
Comment by
Spike44 on Jul 30, 2024 4:30am
Are you born retarded or just playing stupid?
Comment by
tamaracktop on Aug 02, 2024 11:35am
July 29, After the close at 88 cents. Give it a bit more time. The warrant repricing "sans" a shortened expiry date was a major managerial miscalculation.