Titan Medical Inc (TMDIF)

[investinthefuture]

I am hanging on to my warrants, even if I can't exercise them as a US citizen.

The price of the warrant once it's in the money tends to track the difference between the share price and the strike price (plus there are some lesser factors involved like the average purchase price for the warrants and the time left before expiry). Since I bought them back when I could pick up warrants for a song, I've accumulated a respectable chunk of them and plan to sell them directly instead of exercising them once the PPS for the common stock reaches a magic number I have in mind (or when it seems like I've gotten as much as I'm going to get out of them).

The other benefit to doing things that way is that the long term capital gains clock then starts from when I purchased the warrant, not from when I exercised it. As such, I can pay the lesser long term capital gain tax now instead of starting the clock at exercise and waiting another year.

As usual, this is my personal opinion and my personal trading strategy, but I thought I'd share what I am doing so that others can do their own homework and decide what they want to do for themselves.