DON'T get caught in the games! This is warrants.Dont get caught here. This is pretty clear what is going on; Check out the warranty expiry dates; It played right into the dates and poped up. Get ready for a bump March and clear skies. Dont let the shorts screw you out of your stocks! Doctor K is just on the short side. lets play there games with knowledge team! And here is what you need to be aware of;
| Number of Warrants: | Original Expiry Date of Warrants: | New Expiry Date of Warrants: |
| 4,400,500 | August 29, 2020 | February 29, 2021 |
| 2,780,000 | September 18, 2020 | March 18, 2021 |
| 3,025,000 | September 23, 2020 | March 23, 2021 |
| 1,000,000 | October 3, 2020 | April 3, 2021 |
| 650,000 | October 17, 2020 | April 17, 2021 |
Explanaiton;
https://www.stockwarrantshq.com/5-things-to-look-for-when-trading-a-warrant-expiration/#:~:text=The%20warrant%20expiration%20puts%20pressure,received%20from%20exercising%20the%20warrants.
The warrant expiration puts pressure on the stock because of the arbitrage that is taking place around the warrant. Large institutions are generally buying the warrant and shorting the stock into the expiration. They then cover their short position with the common shares received from exercising the warrants.
As pressure from short selling abates after the warrant expires, the common stock generally moves to the upside. Think of it as holding a beach ball under water. When you let go of the ball, it “pops” out of the water. Generally a stock has this same reaction immediately after being “let go” by the short sellers/arbitrageurs.