InvestorsHub Logo
Followers 0
Posts 749
Boards Moderated 0
Alias Born 09/14/2017

Re: Jack142 post# 31649

Friday, 12/08/2017 5:54:32 PM

Friday, December 08, 2017 5:54:32 PM

Post# of 38634

You are wrong that nobody has a profit here. The buyers of the last financing have a profit because when you factor in the warrants their cost was .65 per share. They are shorting the stock here using the warrants has a hedge and they want to cover their short position with out needing to use their warrants.



You have a faulty calculator. The warrants are not free.