WONDERFUL WORLD OF WARRANTS

[creede]

I also want to say this...

I think the pricing becomes more warped as the commons get lower and lower. This is especially true as it gets closer and closer to the expiration date — there is even less confidence the stock will ever hit the Strike Price.

I am going to use this chart as a way to price my limit orders and as means to determine how undervalued the warrants may be at any given time.

One glance at my numbers reveals something very obvious — that I think XELA warrants are very undervalued right now. That's why I have been buying them like they are going out of style.

I hope we really do see a nice run on the commons. If so, the warrants should eventually skyrocket to a new level. Then we can see if the chart was right — or not!