Replies to post #11588 on Cytodyn Inc (CYDY)

[I_luv_cydy]

Ok. But you're making it seem like if you can sell CYDY for 1.20 then you're making 8x since the warrant cost you .15.

But the warrants have a strike price of .75 or 1.00. So if you exercise the warrant at 1.00 per share and sell for 1.20 then it's only .20 profit per share. The warrant allows you to buy shares at a certain price.
Am I missing something here?

I bought in on several deals for .75 per share and .75 per warrant. If I sell all my shares and keep the warrants and sell the warrants when CYDY is 1.25 I make .50 on each warrant since the warrant gives me the right to buy CYDY at .75.