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Re: cptjsd post# 24754

Wednesday, 08/12/2015 7:21:22 PM

Wednesday, August 12, 2015 7:21:22 PM

Post# of 140478
Why would anyone exercise warrants say at $2.00 per share when they can buy the stock on the open market for much less than that. At least today. The stock price needs to be above the exercise strike price to make them in the money, then they would have to be purchased at that price or sold in the open market To make the spread, which could drive the price down if there are limited buyers.