GREY:CBDHF - Post by User
Post by
fundamentalinvestoron Jan 21, 2021 10:39am
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Post# 32344417
Why buy shares when you can buy the warrants?
Why buy shares when you can buy the warrants?Why buy shares at 2.15 when you can buy the warrants for under when you can use the warrants to get 40% off the shares.
Buy the warrant for 90 cents - executed it and buy the shares for 85 cents. You got you share for 1.75 vs 2.15. Or hold the warrant and it let it appreicate. Say stock hits $3.00. You double you money on the warrants vs 50% gain on the shares.
Just an observation - I bought when they were 70 cents and will hold until market sees the discount and they appreciate up to the $1.50-$2.00 range.