RE:RE:RE:RE:Holistic Choice Pet Food???A bunch of us here hold a lot of warrants (I hold more warrants than common shares right now). 7Twiggy had a great post awhile back about the leverage of the JTR warrants. I'll repost it here. All credit to 7Twiggy for the original:
Leverage
To give you an idea of the leverage for Greenspace warrants. Here it is. The stock last trade was 1.40. Both the last trade and the ask for the warrants is .34. One warrant will give you the right to buy one Greenspace stock for 1.20 until Feb 25, 2019. You don't have to keep the warrant that long, you can trade them daily just like any stock. Right now the real value of the warrants is 1.40 - 1.20 = .20 plus a time value of .14 for a total of .34. As we get closer to the expiry date of the warrant this value normally decreases. For the next while the following is an estimate of how the warrants should fair at various Greenspace stock prices. 1.50 -1.20 = .30 +.14 = .44, 1.60 -1.20 = .40 +.14 = .54, 1.70 - 1.20 = .50 + .14 = .64, 1.80 - 1.20 = .60 + .14 = .74, 2.00 -1.20 = .80 +.14 = .94. 2.40 - 1.20 = 1.20 + .14 = 1.34 This gives you a good idea of the leverage with the warrants. I personally don't think we are that far from reaching the old 52 week high of .63 and even purchased some of my Greenspace warrants near the 52 week high of .63. As of Friday their were still 44,500 available at .34. Some of the .34's were sold on Friday and I don't think the rest will be around for long. Not sure why the sell order has not been pulled already. My guess someone who got nervous when the stock dropped after the last bought deal and does not want to live through that again. Like I said before nothing much has changed about the story since the stock was at 1.80. Just more stock issued to add two new companies to the fold. The first one was expected to add to the bottom line from day one and the second opens the door to the US market and vice versa.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.jtr&postid=27225286#YETHhCcF575dQyQI.99