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Re: Newt23 post# 233

Friday, 07/17/2020 4:29:44 PM

Friday, July 17, 2020 4:29:44 PM

Post# of 1475
Yes, that is what I'm saying.

Example:

Warrants give you right to buy stock at $11.50 a share.


So, once this gets to $15.00 or so, the warrants should trade penny for penny with the stock.


If stock went from $15 to $20...you made 33% on money.

Warrant would have gone from about $4.00 to $8.50.....you made over 100% on money.