SandRidge Energy Inc (SD)

[creede]

I typically notice warrants are worth $1 when the commons are at the strike price.

Add $1 for every dollar above the strike price, since you have to pay a premium for the potential.

I think we will see both warrants move into the .30's if the commons can move into the mid $20's.

It's all about believability. Peeps gotta believe its possible to get into the money before time expires.

I did notice someone with over 1,000 followers on Twitter mention the warrants as .08 lotto tickets.