Cel Sci Corporation (CVM)

[Foxwoods Man]

Warrants vs. CVM equity

one month...warrants down 21.7%
............equity down 15.4%

3 months....warrants down 47%
............equity down 45.7%

Warrants presently have no intrinsic value. Their sole value is time and as that time decreases so will the warrant price.

If the equity price rises to offset this time loss then it will either be a plus or no (or minimal)factor for the warrant. (if it takes over a year for the price to rise 50 cents that would be a no factor...if it happens in a week/month that would be a positive.)

So if you think the share price will be over $1.25 (actually 1.38) by expiration then you can kick butt with a bunch of warrants purchased now...if not then they will be worthless while the stock will still have its intrinsic value