Newstrike Brands Ltd NWKRF

Warrants

[Mashup77]

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A warrants dropped again today. If anyone believes this company will be worth something why the heck would anyone not buy the warrants?  
For some reason it just doesn’t seem kosher. I bought the warrants at .36 when it was way undervalued and it has just steadily dropped. With all these supposed positves for this company that hip has pointed out and legalization in 3 trading days things don’t seem right with this.

[silkroad007]

The whole MJ market has been dropping.  Only actual revenues will seperate the winners from pretenders.  I know for a fact HIP will have the revenue and then teh exposure will come. Teh warrants are tied to the stock obviously so if the SP is stagnant so are the warrants. Even so the warrants are undervalued but  once they trend above teh striek price the warrants typically come

[Ggeeman]

and they have theta working against them . if the price doesn't move , theta devalues them further

[silkroad007]

Yes volatility is a huge part of the calculation.  I would epxect the regular warrants to drop more today than the A warrants due to the days until expriration/strike date as you mentioned (if at all).  However lets be realistic, the A warrants are 1700 days out (Regular warrants 500+), do you think 30 days here or there make a difference.  It doesn't. Warrants are low on

[Mashup77]

Yes that is what I’ve been noticing. Even when the sp goes up it doesn’t seem to follow suit.