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Re: Deuces post# 4005

Friday, 05/22/2020 3:33:02 PM

Friday, May 22, 2020 3:33:02 PM

Post# of 8757
For those who don't know: A stock warrant is basically an agreement to purchase stock at a price (in this case .20) that is good for a set period of time (in this case until 2025).

The question is why would any investor or lender agree to purchase stock at a price of .20 when the stock is currently barely above a penny?

The speculation (which is always dangerous) would lead one to conclude there is knowledge of something else occurring here in the background or at least enough upside which may potentially drive the price of this stock much higher and as a result .20 would be seen as an attractive option.

Suppose we'll see.

"It's a nice day. Let's play two"

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