Perhaps as there is no logic behind their price and warrant movement. Any Bloody thing could happen. Maybe they will announce a cease fire on March 24 and make us shareholders with a cashless exercise.
That's correct. Early August HYMC traded a few cents north of $16 and HYMCZ was at $0.17. Fast forward to today and HYMC is 58% lower at $6.78 and our warrants are trading 182% higher at $0.48. Currently, HYMCZ price has absolutely no correlation to the price of it's underlying security. Anybody who has or is going to pick up additional warrants (like myself) is doing so on a total speculation play.
That being said, I too do not believe the warrant price will be at or above $3 by market close on March 24th. I'll put a 12 pack of beer on it Nick if your interested. Jordan still owes me a 4 pack of Kentucky Bourbon Barrel Ale.
If I can't increase the capital position of my account through these warrants, I'll at least decrease the expense of my vices.