Sunday, December 11, 2016 5:15:19 PM
Well if I were him I would be too embarrassed and cowardly to reveal myself too after that senile plan.
Please, enlighten me, what is it about a $6.05 five-year warrant on a $1.20 stock that sounds even remotely like an idea anybody could like after doing any kind of digging.
When you do your digging, confirm the following:
1. The company receives ZERO proceeds from warrants until they are exercised.
2. There is less incentive for anybody to exercise them until the stock price is comfortably above the strike price.
3. If and once above the strike price, the warrants (publicly traded) will likely have a premium giving once again less incentive for anybody to exercise them when they can get more money by selling them in the open market.
4. Publicly traded warrants of any company priced that high with a stock price this low are practically worthless. There are literally hundreds of examples you can dig up throughout recent history and currently trading to confirm for yourself.
5. Given all this, why would the mythical short cabal give a shit other then use it as yet another red flag that the company's 3 biggest shareholders are senile morons?
Please, enlighten me, what is it about a $6.05 five-year warrant on a $1.20 stock that sounds even remotely like an idea anybody could like after doing any kind of digging.
When you do your digging, confirm the following:
1. The company receives ZERO proceeds from warrants until they are exercised.
2. There is less incentive for anybody to exercise them until the stock price is comfortably above the strike price.
3. If and once above the strike price, the warrants (publicly traded) will likely have a premium giving once again less incentive for anybody to exercise them when they can get more money by selling them in the open market.
4. Publicly traded warrants of any company priced that high with a stock price this low are practically worthless. There are literally hundreds of examples you can dig up throughout recent history and currently trading to confirm for yourself.
5. Given all this, why would the mythical short cabal give a shit other then use it as yet another red flag that the company's 3 biggest shareholders are senile morons?
The SwingTrade Portfolio was up 36.2% in 2014, 83.5% in 2013, and 546.6% since inception.
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