Post by
consultant99 on Jan 17, 2023 11:50am
Warrants Still on Sale
I am amazed that the traceable warrants a have not kept pace with this latest share price spike. I bought a chunk yesterdaya0.155 and 0.165 but still offered at 0.175
Typically they trend at a ratio less than 2:1 warrants to shares to a low of 1.6:1 (last year when the share price hit 0.48 and the warrants 0.30) Currently that ratio is 2.31:1 (0.405 to 0.175)
I would expect the warrant price to start picking up with higher volume as more investors discover this bargain.
Nice to see the first gap filled today. The second gap fill is in sight along with a test of 0.48; last years market high. I checked and the last long term bullish signal for TLT was in August 2022. The projected range was 0.68 to 0.75 and the time frame was by mid-April 2023. That fits nicely with Foger coming back on board and the possible announcement of BTD.
Comment by
Rumpl3StiltSkin on Jan 17, 2023 3:26pm
I own nothing but warrants, I'm hoping my warrants get swapped for the aquiring companies warrants when the buyout happens. NOT concerned about their price. Only concerned about the last trading day. I have to sell or exercise by then. :-)