Roll... People who sell on the rise and buy on the dip... is that still shorting the stock even though you are keeping the extra shares as your profit? I'm not a financial guy or trader, so I don't know.
And HC, I do see some logic in your proposal to $2.92 warrant holders, but I'm guessing it doesn't even come close to an alternate strategy... They could instead put that same amount of money into nearly four times that many shares on the open market. By the time the warrants are barely in the money, they will have quadrupled their money instead of making a few pennies per share, AND they still hold all those warrants for when the price does finally start to climb. That is a likely answer to your "Why wouldn't they..." scenario. Sure, I too would love to see some outsiders jump in with millions to buy these warrants, and it would certainly benefit the company and maybe even have a positive impact on share price, but it doesn't seem like a feasible strategy at this juncture. Especially when even a guy like me can figure out how they can do better with their investment dollars.
Message in reply to:
We can't touch 4.00 because.......
well you tell us why in your own words.Something about selling on the rises and getting more shares....something along those lines.Funny how you answer to your own questions by your actions on selling shares with the "burner phone".....Trust must be earned....and words on a public forum are greater than the action itself.
AND in reply to:
Honeycomb777 Thursday, 08/20/20 12:02:33 PM
Re: None 0
Post # 113792 of 113797
Here is a question...WHY wouldn't the holders of the majority of these warrants, team up, and BUY shares on open mkt. to HELP PPS get to levels where they could be in the money / exercise ? Never understood that part ?? I mean if you think highly of the company, enough to buy up a raise and have millions of warrants at say 2.92 just sittin there - isn't it WORTH it to buy buy buy until you trigger MILLIONS of "in the money" warrants ? I dunno - just spitballin on another boring day in Titanville
