Titan Medical Inc (TMDIF)

[Element41]

At QuidWilson: yes black-scholes was a starting point but not a cookie cutter to approach warrants, more for options. Lots of tweeking over the years to the formulas to get a more exact warrant value. Once you have those results, it's not enough to just trade with your eyes closed. Knowing how to interpret those results on the underlying shares are another ballgame. This is why I keep saying that warrants are not for everyone until you have done your homework.