news of J/V should come down the runway any day now and will make new all time highs.....I am playing the warrants as they are undervalued....$24 strike price and each one is 1/10 of a share and are trading at .50 cents right now....
10 warrant shares at .50 cents each is $5 bucks that allows you to buy one common share for $24
$24 bucks + $5 bucks =$29 bucks
therefore through the warrants you can get $34 shares for $29 bucks...this arbitrage will close eventually but it's a bargain right now.....
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