This group has made a lot of money on cydy; so the
Post# of 148294
It amazes me how their concept of warrant escapes that group.
Last year, they didn't know in a buyout the full price is not paid for the warrant, it is the difference between the price and exercise price. It irritated me to the point I found an example to show them.
Quote:
trding - now that was creative Black-Scholz (sic?) math? (o8>
I doubt that the BO party is related to the Warrant holder,
so this strike reduction doesn't really work here.
My response:
https://investorshub.advfn.com/boards/read_ms...=143745814
They still don't grasp how to weight the warrants with the TO
Until today, they have raised cash at $0.40/sh for 1.5 shares or $0.2666/sh twice to existing Warrant holder in a tender offer, gladly public stock price was reluctant to match the tender offer.
I am also trading a stock and came across fine yesterday posting a bearish sticky based on cashless warrant exercise (I guess she is shorting it) It was clear to me she didn't understand how those work either.
I believe the saying goes a little bit of knowledge can be dangerous.