TSXV:BTI.H - Post by User
Comment by
Aarcoron Sep 25, 2015 11:48am
176 Views
Post# 24135486
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:someone wants this stock.........
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:someone wants this stock.........Let me be clear about another point. I'm not arguing that the $1.40 lid is sound. In fact, I think it's a very risky venture when one considers that trying to grind out a 20-35% profit off a private placement issued by a pre-clinical biotech with one technology is pretty much asking for trouble. The almost binary outcome in the short term (one year) is 20-35% gain or 95% loss. Not the kind of odds risk managers like to see.
What I've observed over time is a relatively routine daily distribution that suggests the likely 20-35% gain is the plan, at least for some (one?) big shareholder and if that suits his risk profile, so be it. If all works well, they'll/he'll be left with what will be a solid gain in 2015, little stock, and a big handful of risk-free warrants waiting to be exercised for the potential home run.
And yes, if that daily distribution wasn't happening, I could speculate that the share price might be between $2 and $3 today. And also, I agree completely that there should have been no forced exercise attached to the warrants.