I love it when the momentum traders jump in with no basis for a rise! My basis is around $4.20 now. I hope it goes to $5, but I have a hunch profit-taking will be soon. Halcyon has over 2M warrants at $3.18. They would be fools not to short it up here.
What was a fun little trade is going to turn into a nice chunk of cash. Too bad I didn't start in $4.70s like you, but I have a lot more shares I will make money on.