CoolThe stock was 94 bid, 95 offered, last at 95 at 3:30 pm, on 123,000 shares traded.
It rallied to close at 99 on 114,000 shares traded.
Played like a fiddle.
These warrants don't trade.
$110,000 spent was enough to ensure the shortening of their expiry date.
Just $110,000 was enough to ensure the company gets its $3 million much much sooner.
These warrants will have to be exercised or allowed to expire.
Now people will sell stock, exercise the warrants, and pocket the difference.
The arbitrage here is obvious.
Anyone who bought it today should have waited.