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Foxwoods Man

12/15/14 7:44 AM

#6480 RE: learning curve #6479

I was trying to differentiate between ESTABLISHING a position in CVM in EITHER the equity or warrants and summarizing the recent performance of both.

I did not assume ownership of 10 million warrants which creates quite a different situation.

...and liquidity of 10m warrants with NO intrinsic value would be much less than the same warrants WITH intrinsic value of 25 cents. I have no clue how you would dump 10mill warrants at the present time with the average daily volume of only 22 thousand/day