Wd,

You're employing exactly my strategy. Right now there is enough uncertainty that I don't want to buy any more 2014s. So right now, I view the warrants as the best deal. Higher cost, but more peace of mind. Come Oct, I'll probably start snagging some 2015s. In the meantime, if I can sell some of my 2014s (or even my 2013s) for a good price, I will. I would then immediately roll those funds into warrants or shares to keep my exposure. The trick is to keep exposure yet get a good price on the new purchases. To some extent, I am doing some overlapping - buying new before selling old. Oh well, no one said this was easy!