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extrooper

09/22/21 5:51 PM

#403677 RE: HappyLibrarian #403675

They are acting like a short term loan and care nothing about long term . Possibly, the warrants exercised are ones they got for extending the warrant exercise period . They got a lot of warrants as incentive, when they agreed to note exercise by the original agreed date. That bonus type of thought process would have been set up to insure a steady flow of money coming in as needed by Northwest, without multiple millions hitting at once.

exwannabe

09/22/21 5:52 PM

#403678 RE: HappyLibrarian #403675

Given that warrant holders are presumably much closer to NWBO insiders than the retail shareholders are, doesn’t it follow that they are selling not out of ignorance but because they know (or have better reason to suspect) things about the ultimate share price that retail shareholders do not?


Most warrants and options are only exercised if they are about to expire. I agree there are exceptions.

With the warrants well in the money, if they are about to expire the holder will certainly exercise. At that point several options exist.

. They might like NWBO and just see it as paying the exercise price and holding.

. They might not like the stock and had previously shorted. In that case the position closes.

. They might be neutral, or even like, the stock but decide the substantial increase in risk makes selling at least some reasonable.

People who give tags like "friendlies" in this game to not get it. They are in for cash. We know as a fact that one large player was selling their discount shares almost as soon as they had them while pocketing the warrants.

BTW, there was no evidence of selling on the market on the end of June expiration. But there was evidence of short shares being covered.