Replies to post #47793 on Applied DNA Sciences Inc (APDN)

[abew4me]

Of course. Paying the strike price (in this case $3.50 per warrant) is always going to the case. My point is that the warrant will mirror the price of the stock until it's expiration date.

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Once APDN goes over the strike price of $3.50, the price of each warrant will be directly tied to the price of one APDN share.

If APDN hits $5.00/share...the warrant will be worth $5.00.

If APDN hits $10.00/share...the warrant will be worth $10.00

The only drawback is that each warrant has an expiration date. So you must redeem them before they expire worthless.