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Bullboard - Stock Discussion Forum Sandstorm Metals & Energy Ltd STTYF

GREY:STTYF - Post Discussion

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Post by gjervis on Jan 26, 2012 3:29pm

SND Warrants?

Anyone can explain why its at 0.01 with almost 5 million traded?
Comment by Luxor63 on Jan 26, 2012 5:17pm
This post has been removed in accordance with Community Policy
Comment by wordless on Jan 26, 2012 5:36pm
Bid is at .02 and ask is at .03 now - Probably a pre-agrred upon trade. I'd buy a boatload at .01 - Risk/reward would be amazing.      
Comment by Kewl2 on Jan 26, 2012 6:36pm
"Someone" really wanted out of their warrant position before the end of January -- a sale today would still close by Jan. 30.  I am kicking myself that I didn't have a stink bid in at $.01 -- just never figured that anyone would sell that low! The recent changes to the Royal Coal commodity stream agreement are good for SND over the long-run and are an ...more  
Comment by Margret on Jan 28, 2012 5:51am
If everyone just bought the warrants and not the shares, then the shares won't rise in price and the warrants are guaranteed to expire worthless. So at least buy some shares if you want to gamble on warrants.    
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