Post by
dukeinvestor on Feb 10, 2021 10:17am
MMEN soaring up 40% warrants at 17c incredible buy?
MMEN continues to soar higher. Solid company with US exposure. It's hard to believe in 2019 it was trading at $5..Warrants are surprisingly cheap- greatly undervalued at 17c with MMEN up another 40%!
Comment by
ShakenotStirred on Feb 10, 2021 10:23am
Never bought warrants before... can someone explain warrants; why buy warrants vice stock? Thx.
Comment by
dukeinvestor on Feb 10, 2021 10:50am
The warrants trade like stock shares, however they have an expiry so they must be sold before the expiry or they will be worth nothing. They expire on Sept 27 2021 There are 21.5M warrants of MMEN offering tremendous leverage and big upside. It will get interesting when the warrants cross 50c.. In 2018 the warrants were over $3