RE:Warrants The warrants are really a special case, I'm sure they trade differently for each stock. Since TLT has a large % of float in tradable warrants, that really aren't easy to trade in and out of, I don't expect them to be where we see the big daily moves. Shares are much easier to trade, perhaps we will get options at some point when SP has moved up a lot ;-) ??
I like how much time value they have, the underlying is at .35c so they should be worth 0, right? So all of this 'value' is time value. They should track SP penny for penny from this point and higher, though more/less volatility will also effect them. So 2:1 ratio is going to go bye bye very soon IMO.
consultant99 wrote: I am impressed at how the warrants are holding up now that the stock is running. I would be happy with a 2:1 ratio until the stock gets to 0.70; really happy the warrants are actually outperforming the shares today.
Which brings me to another thought - if anyone was going to take a run at the company taking a sizeable position in the warrants would seem to be the logical first step before going after the shares.
Bid up the warrants for a few days then back away and watch the warrant price fall as shareholders take profits by selling the warrants and buying back into the shares.
i wouldn't say that is happening right now but someday the warrants might be the canary in the mine; an early indicator of someone taking a big bite of the company.