RE:RE:RE:The facts... oh my.... surely you don't think they had advance warning to sell shares and rebuy them and add more warrants in private placement?
Accountprince wrote: BSW you really wonder about some strange things. But let's follow through your thoughts. Most of the warrants are tightly held by insiders and participants in private placements. Joe Q public has had virtually no ability to participate and thereby have options.
But if it was Joe Q public with those cheap warrants and they exercised cheap and saw the price rise to low 50's and they believed in the company they likely would have held on without the benefit of other knowledge. And been really pissed with the recent and current shenanigans. If they had followed your path and bought and sold then they would have great luck on their side and should invest heavily in lottery tickets too.
If it wasn't Joe Q public it would have to be those in or near the inner circle and they may have exercised, ridden it higher and then sold at the peak in the low 50's. Sat on the cash knowing full well about the offering and then picked up lots of shares for cheap. All with insider knowledge. If you know the result of the race before it happens and are devoid of all ethics then you'd be greatly enriched. All at the expense of Joe Q public.
I expect that covers all the possibilities of your hypothetical case you posed to all of us.