Post by
TheLandedEagles on Jun 04, 2024 11:40am
Warrants!! "DEAD MONEY"..Strike Price Way Too High, at $2.50
Do Not Buy the warrants..many have sell orders for .005 ( half cent )...No-one will buy these!!!
Only exit for sellers is to change or place a Market Order "SELL"...Market Maker on this company will provide the "BUY" side with a Market Order only..thats their job as contracted to do. They are the authorized Market Marker to provide "Liquidity"...you can view them as the wholesaler of all trades both the buy and sells going thru them..So anyone disparately wanting to exit fast...THEN PLACE YOUR ORDER AT MARKET...You will definately get that .005 ( half a cent )...Ony if you wanted to get out fast and accept than .005 (half cent)..As you will notice there are no-bids for these warrants..only a market order should get you out...Only My Advise, thats what I do to exit a non-liquid stock and at least get something, better than NOTHING. When all hell breaks loose and the stock MAY/IF be Suspended by Regulators, at some point or other, should things deteriorate further with TCF...Then this is a way to immediately exit your position with these warrants..I suggest that holders do a google search on "Market Makers" and it will provide you with the regulated role of a approved "Market Market"...hope this helps with anyone holding these worthless warrants..