RE:RE:RE:RE:RE:WarrantsI personally think the warrants at these prices ($3.25-ish at the moment) isn't worth the hassle. That means you can get shares for $6.25 ($3.25 for the warrant, and exercise for $3 a share = $6.25). Sure, it's a bit cheaper than the common stock now, but not cheap enough IMO to go through the hassle of exercising the warrants, waiting for a certificate to come in the mail, depositing the certificate to convert into common shares, and then selling the common shares.
All that, just to save about 50-75 cents per share? blah...
If the warrants were a lot cheaper it would be more worth it. But at these levels, well, it does't seem to be a losing investment, but it depends on if you want to go through all that hassle just to save a few pennies. Or, you can just get in now with the regular common shares and be rest assured that you're invested.
UserError wrote: I don't know how many times people are going to mention that they think these are the $7.00 warrants. The trading warrants have an exercise price of $3.00. Plain and simple.
Maybe that's why they're trading at this insane discount. People are too stupid to read the fine print and refuse to accept that they are the $3.00 warrants.
Hopefully people start to catch on and we go for a ride north.
Warrants are currently trading at a 22% discount to the intrinsic value. They should be trading at a $1.00 premium so based on that logic, they are 52% undervalued.
Let's go.