Thats because Don doesn't understand warrants...I've bought 300,000 more in the last week. He keeps saying that the stock will never get back to above $3.00 to put them in the money... who cares? i don't care if Pipe gets past $3.00 by May 19/21 even though it probably will.. AND warrants should never be exercised, ever. whereTF am I going to come up with 2.2 milllion$ dollars to exercise 700,000 of them?
Yes my all in price was .25 per warrant which is now say .15 cents and my pipe stock is there to make up the shortfall in the next say 3 years.
But anyone that doesn't think that wt's are a quadruple from here is going to miss the boat. then at a 60% exchange ratio wt's for stock (say 2.35 and wt's .15) next March that's when you relax with 400,000 common until 2023:)
cheers