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Re: Waterloo85 post# 24917

Thursday, 05/01/2014 1:51:11 PM

Thursday, May 01, 2014 1:51:11 PM

Post# of 30378
My logic is based on this being a cyclical industry.

I believe they're hedged with their short position.

I hope you're right but I just believe there is too much uncertainty in this sector for warrant holders to want to ride it out.

For it to be an issue this quarter, we'd need a major increase in SP w/o holders exercising. I don't expect that to happen. If we get a major increase, I think they'll exercise (& we're already seeing it based on the updates).

Just my opinion.
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