RE:RE:RE:RE:RE:RE:RE:Cup & Handle Formation or TeacupQuattro74 wrote: Yep, I think if we get to .60c AND technicals look good we will see them get exercised. They won't if there is any perception price will correct back down before experation day, or even for a short period after.
CAinPlap wrote: I doubt the .54 warrants will get exercised. If you were a holder of .54 warrants and had the cash to exercise them, why would you not pay .38 now instead of .54 in about 2 months. Hope I'm wrong and there is news that propels us well above .54 before they expire.
The thing is Phillips Frost is the only holder of the 54 cents warranty, if he would rather collect the real shares now at 38 cents instead of waiting for the 54 cents to come on fruit to exercise them with pending good news coming, it will for sure generate short squeeze for the suddenly surge up of share price and volume...and the share price won't be stayed under 54 cents, so I think Phillips Frost would rather stay and wait for some more news.....