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Re: Traderfan post# 162

Monday, 09/21/2009 1:42:54 PM

Monday, September 21, 2009 1:42:54 PM

Post# of 368
If the warrants are going to expire it makes sense to exersize them verses going worthless if you plan on keeping the shares. With 4.5 Mil shares going worthless and your intention was to keep a position it makes sence. To buy the shares on the open market would cost a lot of money! But to exersize them around $1.00 and sell them makes no sence. My guess is the seller at this price has nothing to do with exersizing options.