Those critters just seem like a fun gamble, with the extension, I think it is best now not to sell mine, you have seen what some of the hyped up internet stocks have done, Ariad has the means to take their stock as high as they want this next year...and yes, as I just commented over on Yahoo, new money has to go into the stock instead of the warrants, but I would not trade the warrants away now if I've had them this long.
3/32nds eh, not bad...oh, I might have got a few more in the fall for 5/64ths--but that was silliness to do that ahead of the extension announcement. I'll give up mine when Ariads a five dollar stock and the warrants spike up toward a buck, it is not worth the commission to dump mine on the market at this time...and imagine what 10000 of those costing a mere $2500 would do to BFLTAB if Ariad can regulate insulin in primates--and the Linux Internut madness moved over to microcap biotech. I just have to play that pony.
Of course today I was buying a little more Sage and thyme, for cooking up the Christmas Turkey. I was not spending my hard fought two bits for warrants, so maybe I will withdraw my suggestion that bflatb buy them here. You are probably right, 1/4 may be a little too expensive for this call, being so far out of the money. |