SunWorks Inc (SUNWQ)

[SandridgeEnergy]

There is another play with the warrants. If the company does an offering below market price, and because of the warrants they would have do it it well below market price, then the warrants would convert at that lower price.

This would immediately make them much more valuable than now.

That would be a bet on the price of the warrants, but not the long term health of the company.