RE:RE:RE:RE:Warrants vs Stocks If you're buying 1k shares or 1k warrants, the warrants are more cost effective from a capital loss point should the story fail. Since your investment is ~1/3 of the cost of shares.
But that's not going to happen
So When the story is a success and shares go to $20 the warrants will most likely shoot up proportionally.
Let's say you buy1000 shares @$9.00 or 3000 warrants for $3.00. You spend relatively same amount. If the shares jump to $20.00, it's probable the warrants will jump to $6.00. So you double your investment regardless because the warrants are tradable and do not have to be exercised.
But if you're not selling your warrants and the stock goes to $100.00 then who cares about the $14.00 exercise cost. The bang for your 3000 warrants will far exceed the bang of your 1000 shares.