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Biotech / Medical : Rockwell Medical Technologies (RMTI, RMTIW)
RMTI 1.080-0.9%3:59 PM EDT

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To: scott_jiminez who started this subject3/16/2002 3:32:23 AM
From: scott_jiminez   of 34
 
I guess I should be paying more attention here...

This stock has been on a roll, breaking through 52-week highs on a consistent basis of late, up 150% since early December.

Over the past ~2 weeks the stock is up about 45%. That move in that time frame is reminiscent of another stock I follow, Hypertension Diagnostics (HDII), and I just posted this Message 17205874 on the HDII thread.

The HDII post describes an additional similarity between RMTI and HDII: there are warrants associated with both. And the comment I made about the HDII warrants (HDIIW) applies to the RMTI warrants (RMTIW) as well: with such a compelling rally firmly in place, the idea that the either of these warrants will be in the money relatively soon (perhaps in a matter of weeks) becomes a very real possibility.

Such a possibility would have been a laughable proposition at the beginning of the year.

As I commented on the HDII thread regarding its warrants, if RMTI continues to move higher, closing in on the RMTIW strike price (*see below) these warrants may currently be quite a value, and may offer a potentially excellent return.

================

*Terms if the RMTIW warrants:

Expiry Date: January 26, 2003.

Terms:
a) Exercise price $4.50
b) Exercise terms: (1:1, I believe)
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