RE:Are 5.1 million $0.30 May 14, 22 warrants holding down SP?
I still find the whole warrant thing a bit foreign to me. However, it makes sense that anyone who would buy would wait a few more days till know that the float is not going to go up by 3.1 m units.
Another thought - a lot of those warrant holders may be tlt believers who still believe in the science. If they were factoring the warrant shares in their planning, and those expire, perhaps they will try to buy some more after the 14th. Causing a share price gain next week or in the future.
Obviously it is nice to have the cash in hand for the company from the warrants but I can see why no one would buy today or tomorrow.