WONDERFUL WORLD OF WARRANTS

[warrantwatcher]

Ernie
Its very important to check if there was a reverse split after the warrants were issued. In this case there was a 1 for 15 reverse split on this stock back in 2023 after the warrants were issued which makes the readjusted strike $172.50 AND you own 1/15 of the warrants you owned before the split. This really screws the warrantholders and should be illegal but it goes on. These warrants can still go up but usually I think the buyers think the strike price is still the original strike price.