Warrantshere is a new definition of stupid...and that is those that are buying warrants now. They are paying 5 plus cents for warrants that are about 4 cents under water. Sure there is time value to be associated with this but if you are going to buy a warrant you are better off to buy a share. The true value of the warrant, now, should not be more than a cent or 1.5 cent max.
I know about leverage and that you get about 4 warrants for every share but step back and you will see that if this moves up into the 30 cent range (just for argument) you will be better off if you bought shares than warrants. Also shares dont have a best before date like warrants do.
Again do your own due diligence and its my two cents worth or should I say its either 1/2 a warrants worth or 1/10th of a share?
safe investing.