Dude, everyone has been wanting someone to put up a chart to do the math for them; some come along to argue the correct math, then suddenly a market for warrants, coincidence? probably? who knows what people decide to do, or why?
In the end the warrants are worthless if the stock can't get over $5
...and it can't do that if they don't put up some nice revenue numbers Q1 report.
My point was that at $1, the warrants will beat the stock at around 3X move.