I agree 100% they should be a lot higher, talked to a Rep at SCHWAB yesterday about this and he was scratching his head also on it, it's one warrant for one share +$6.50 fee, at the $6.50 strike, and like the calculator says they should be at $1.50 right now, and He also thought they should be higher than where they are now trading at, maybe it's because they can't be exercised until 2017, unless there is a buyout and than that will all change, could there be some very corrupted individuals playing games with them by knocking them down by selling them on the bids, like some moron did at $0.04 when the trade before it was like $0.70, could it be that it's the not knowing too much retail crowd,are the only ones buying them, and the pros are only after the common because it's a lot more liquid, and if Carl was to say something to cause the stock to fall, the warrants would get stuck back in no man's land, the bottom line is, it's a very big bunch of BS, and they should be well over a buck at this point.