RE:Stock vs wt.c THe reason is because the following
if you buy $10,000 worth of shares its 32746
if you buy $10,000 worth of Warrant C it would have been or is about 70k shares. - If you exercised it, itll be exercised at .40 cents depending on how much you bought it for
SO technically if the share price goes to 10 bucks
32746s shares = $327460
70k c Warrants = lets say you decide to sell 10k shares at 10 bucks depending of the price thats a about 100 grand.
Exercise those 70k C warrants at the price of .40 (for example) thats only 28k
So with the warrants you will have $700,000 minus - 28k ( now the 28k is based if you sold some c warrants to exercise the warrants or if you sold 10k worth of shares of TBP if you were holding that also.
for me i own shares and C warrants.
One day i will sell lets says 20k shares at 10 bucks = 200k and then i go exercise my warrants of however much i own $$$$ LOL :D
SO its good idea to have both amount in your portfolio.
Golddetector wrote: If you look at the charts for the past 3 to 6 months it looks like wt.c is outperforming the stock for whatever reason. I think % ppl expecting this to move way higher is increasing in the past few months so they go for higher leverage. In any case I don't expect these discounted sp will be available forever so maybe the ratio will change. It is positive indication of ppl sentiment about tbp imo.