Replies to post #491 on Limbach Holdings Inc (LMB)

[jtomm]

Yeah, doesn't make much sense to me. I suppose it could be someone who knows/thinks that there's a PR gonna be issued on Monday and they get a one-day pop up to .01, but that seems like it would be quite a gamble. If on Monday the company says they're extending the warrants, and that bidder gets filled today, somebody might be going to jail

[jtomm]

The one other possibility I could think of is someone had a GTC stink bid in from a long time ago and has just forgotten about it, and about the expiration terms. I've done that myself a couple times. Just renew my orders and forget something is close to expiration. Never got executed thankfully

[jtomm]

Regarding shorting the warrants, I don't know if/how it can be done. But seems very odd that today, which is supposedly expiration day, there's the largest volume we've seen in awhile. I totally understand why people would want to SELL and at least recover something today, but why on earth would anyone be buying? Who are the buyers? Covering a short is about the only thing that makes sense.