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You're missing the point ER. Tens of millions war

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Post# of 155103
(Total Views: 720)
Posted On: 07/23/2022 10:36:57 AM
Posted By: IndexGuy
Re: Evil Rabbit #126768
You're missing the point ER.
Tens of millions warrants expire in the next year if they aren't exercised, and most aren't in the money today- though much closer than last week. For me, a $10 dollar offer today is the same as a $43 dollar offer next June and beyond. Now my holdings are more unbalanced than most because I took some off the table in the $3-5 range, but I personally know holders of millions of shares being held by people with 2-1 warrant coverage. The 2017/18 Paulson raises were seemingly every 60 days for awhile. For them, accepting an offer isn't "short sighted", it's the only rational decision.


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