RE:RE:RE:RE:RE:Bought 5000 more wts today @ .20 Your right so far but you need to consider the leverage of the warrant in order to understand why you may buy warrants instead of stock.
In the case of TLT stock Vs warrant you need to factor in the price you expect the stock to be trading come August 2024.
For rough figures you can buy 2 warrants for just over the price of one share of stock. So you now control 2 potential shares for the price of one.
Now if you think the stock will be at 55 cents come Aug 2024 you should buy the stock in which case you would make roughly .20 cents. Instead of breaking even on 2 warrants bought at 20 cents.
Now here is the good part, if you believe the stock will be trading at $2 come Aug 2024 than your invest ment plus .35 cent exercise would make you $2.90 instead of the $1.65 you would make from the 1 share if you go that way. Now the senerio only gets better the higher the price come 2024
Good Luck you will make money either way, you just make more of it with warrants if everything goes right.
cashascars