WONDERFUL WORLD OF WARRANTS

[creede]

“If the share price is close to the strike price around the expiration date, maybe that would be a time to announce some bad news and the price moves a little lower. “

Just thinking about this and don’t think that’s a realistic fear since it would be blatant stock manipulation.

I wish I could find that article about the analysis of dilution when warrants are converted.

Seems the main point was the mountain of cash on hand increases the book value of the company at about the same rate the dilution occurs. The result is typically a push. Who doesn’t love a company with a larger and larger supply of cash?

The math starts getting bad once the price of the commons gets too high above the strike (like >$20 or $30 if memory serves).

Time is short before the warrants expire, so what would be the realistic highest price SD could obtain before 10/04/2022?

I fantasize about hitting $50, but is that really possible in 4 months?

I remember you trying to console me near the end of the LMB debacle. Really appreciate it, and can say it really helped.

I’m going to do the best I to not let that happen again.

Is it tomorrow yet?