RE:Common vs Warrants.....Hi skier59 .. I don't think 35 cents comes into play for awhile right now they seem to be playing a 50% position. As far as trading they could maintain the 50% a little longer once they do close in on the dollar and higher we really should start to see common versus warrants price draw closer. True with trying to unload a quantity of warrants will more easily push down on the price. I would like someone putting a bigger chunk up it would be like a super sale day.
skier59 wrote
Dec.2nd.....Common 22 cents.....Warrants 11.5 cents
Dec.17.......Common 34...............Warrants 16.5
Gain..........Common 12 cents......Warrants 5 cents
Current Ask Common 35.............Warrants 15
The spread will get larger. The warrants will not maintain the 35 cent difference as many think down the road as the SP rises above 70 cents. As demonstrated, if you want to unload any quantity, you risk driving down the price quickly. Warrants are fine for a buy and hold strategy now, not as a trading vehicle.