when companies do warrant deals like Trov did there is always trading opportunities banging the stock below strike price. shorting is no risk as they can always cover with warrant.
Going through the same thing with VTGN, although it seems to have busted out of the 1.50 range. Company has 3 blockbuster potentials and could easily pop to 20 to 30 by next summer if data proves out
Companies that do these at market strike price warrants like Trov and VTGN just need to bust out.