LogFAQs > #960274883

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Topic	Stock Topic 34
red sox 777 11/23/21 12:52:05 PM #287:	So ME announced they are redeeming their warrants, effective in a month. So right now the stock is trading at $8.70, which is significantly below the warrant exercise price of $11.50. So the warrants should have a pretty low value but they are actually up today and are at $2.15 for some reason. I sold my warrants today because I don't understand why they still have value. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:960274883] in Stock Topi... [t:79729468]...</cite> <quote>So ME announced they are redeeming their warrants, effective in a month. So right now the stock is trading at $8.70, which is significantly below the warrant exercise price of $11.50. So the warrants should have a pretty low value but they are actually up today and are at $2.15 for some reason. I sold my warrants today because I don't understand why they still have value. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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