InvestorsHub Logo
Followers 48
Posts 2095
Boards Moderated 0
Alias Born 02/08/2011

Re: sweet crude post# 345

Friday, 06/26/2015 11:50:04 AM

Friday, June 26, 2015 11:50:04 AM

Post# of 433
Warrants are trading too high

It looks like the only people that can benefit are ones who already got warrants. The warrants are trading around $0.30, and the stock is around $1.40, so buy a warrant at $0.30 in order to exercise the warrant at $1.00 is not better then just buying the common shares.

Louis J. Desy Jr.