RE: beware the C warrants?just as a reply to my previous post.
If you do a bit of homework you will be able to calculate that the fair market value of this "option" given that the stock trades at $3.69 and assuming that the stock can appreciate by 50% over the 4.5 years would give an inputed value of $1.59.
Only after doing the calculations was I able to convince myself that the warrants are still pricey, but not as pricey as I had originally thought. Interesting that the C warrants moved down yesterday / today eventhough the stock went up. Counter-intuitive or did someone believe or support my assertion that the C's were overpriced?