My plan is to swing-trade the warrants and (if all goes well) gradually convert the gains into common shares. Right now, I'm about 2/3 holdings in the warrants and 1/3 common.
Presumably, the appreciation of the warrants will decellerate relative to the common as the shareprice recovers so that is a good way -- I think -- to get most of the upside of the warrants while reducing risk.
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