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123boom

02/27/17 9:25 PM

#11585 RE: jboatswain #11584

There has to be warrants that are expiring.
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Saltz

02/27/17 10:13 PM

#11586 RE: jboatswain #11584

Thanks Jboat- that is clear.

I have seriously considered unloading some or all of my shares in favor of keeping the risk free warrants. My average strike price is .85. And yes I will go super long on those shares. The expiration on warrants is also a factor as my first expiration comes up Oct 2018. I averaged in with a big position at .80. And then the warrants as my risk free insurance. IMO we are at a very pivotal point with BTD and Adjunct P3 PE around the corner. If I was playing it safe I would obviously unload all my shares, keep the warrants and move on. I have to say my gut tells me that we sell for at least $2.5 per share worst case. Wait through P3 Mono interim with great data and the hole ballgame shifts to $7-$10 or more per shares. Pro-140 has a place in the Adjunct space at worst. The risk is we drag the P3 enrollment out and more HIV solutions become attractive. Bottom line is I'm waiting through these next two milestones. With the potential of Mono I'm all in at this point.
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I_luv_cydy

02/27/17 11:00 PM

#11587 RE: jboatswain #11584

Jboat,
Please explain how you calculate warrant costs to be .10 or .15 each.
I've been on a few deals for getting CYDY at .75 with warrants available having a strike price also of .75.
I don't see how you calculate .10 or .15