Flaw with sd warrants is a big company sees the value and offers below the strike price before q3 earnings. Say eog resources offers 27 per share in their own stock. Warrants even continue but with much less leverage now that they are eog warrants. Can't wait for q3 earnings and much higher floor for Sandridge. Sdrdw are twice the price of sdrww and they are slightly inferior in strike price. Crazy!