RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:lucasknight
Tx to all for adding to my education. Been trading on my own since 1999. Never traded warrants. Played with options a # of yrs ago, and didn't do so well ( Blackberry).. so I'm a bit cautious on this topic
With the warrants trading at .21 with an exercise price of .30 = .51 , and the the sp. being .435, the resultant 7.5 cent premium / or 17.24% of .435 would make these warrants very attractive and seemingly a screaming buy.
As long as that premium doesn't narrow.. but moves in tandem with an ever increasing share price.. then there is zero reason to own the share. If / when premium is eliminated, then there is no further incentive to own the warrant.
Am I right?