Re: Just got word....
in response to
by
posted on
May 31, 2019 05:52AM
,,hummm,,warrants and pricing,,,,,well,,,as we are all gamblers here ,,the warrant pricing is ad hoc in the sense that who ever wants to buy buys based on what he or she thinks the future share pricing of RVX will be sometime within the expiry period................my point is,,,,,,,,if RVX does climb to $20/share what does it matter that you paid $2 or $$2.50 or even $3 for the warrant,,,,,,,,,,those $2.05 warrants were a gift back when they were selling for .60 cents and the share price was over $1.80....3 warrants for 1 share...and ..there were times 20 to 30K warrants were on the offer for .65 to .75 cents around the same time period,,,,,,gobble gobble,,,,,thats when leverage was at hand...and it was time to take full advantage!!...but......jmo