RE:RE:RE:RE:RE:Meta/HiTide earningsI forgot to add: You're making a ton of money, and it costs you less to make more money. In other words, it's much cheaper to hold, let's say, 250 000 shares with warrants (for $10 000) than to buy shares with the same amount of money (which would give you about 59 000 shares).
So if you buy shares and the stock price goes to 0.55 in 2023, you make about $22 000 in profit. But with warrants, you'd make $40 000. The difference keeps growing the more the stock price rises.
At 0.70, you'd make $31 000 with stocks, but $77 500 with warrants.
At $1, $49 000 vs. $150 000, etc.
The downside is that you're break even point is 44 cents. If the stock price stays under 44 cents, you either do not make money or you loose up to $10 000, while the shareholder doubles their investment.