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Biotech / Medical : Rockwell Medical Technologies (RMTI, RMTIW)
RMTI 1.090-2.2%Oct 29 3:59 PM EDT
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To: scott_jiminez who started this subject1/7/2004 8:47:13 AM
From: scott_jiminez  Read Replies (1) of 34
 
The warrants (RMTIW) are all but in the money now (strike price = $4.50). With the warrant expiry recently moved back to 01/05, we should see every absolute move in the equity very closely mirrored by the warrants.

In view of the quite strong, and increasing, upward momentum of the stock, there is a compelling case for continued substantial gains in the warrants.
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