CryoPort Inc (CYRX): Are you referring to cyrxw, or are you i...

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ConstitutionNow

Re: jcoukr post# 10539

Sunday, 07/02/2017 12:50:09 AM

Sunday, July 02, 2017 12:50:09 AM

Are you referring to cyrxw, or are you implying exercising our warrants at $3? If you buy the cyrxw, those warrants are for stock at $3.57, expiring in 2020 I believe. The time value/premium is small today at around .40/share, hence most of the price is based on the common price, so if we 'settle down' to say $4 a share, or 20%, I'm assuming the tradeable warrants will fall significantly more. The spread is terrible with those things and hard to pick any up without hitting the ask. With commmon, at least you don't hit any time constraints, as you never know when they pull another 'we need to prove we can raise money when needed' stunt. We were at $2/share just a couple months ago. If they raise money again...you can bet it'll be at a STEEP discount to common.

Maybe pessimistic, but its been a long road to get near $5 again.