RED here is the log of today's warrant trading. Maybe there was a big buyer today, and there was no stock to be had, so they looked to the warrant market which may have had a lot of supply. This is one possibility.
9 - 10:39 T 7/16 1,000
9 - 10:40 T 7/16 1,000
9 - 10:40 T 7/16 1,000
9 - 10:40 T 7/16 2,000
9 - 10:40 T 7/16 2,000
9 - 10:53 T 7/16 1,000
9 - 10:54 T :13 2,000
9 - 10:54 T 7/16 2,000
9 - 10:54 T :13 3,000
9 - 10:57 T 7/16 5,000
9 - 10:57 T 7/16 5,000
9 - 10:57 T 7/16 5,000
9 - 10:57 T 7/16 4,000
9 - 10:57 T :13 9,000
9 - 12:41 T :15 500
9 - 12:45 T :15 2,000
9 - 12:45 T 1/2 6,000
9 - 12:45 T 7/16 3,500
9 - 12:45 T 7/16 1,000
9 - 12:45 T 1/2 2,000
9 - 12:45 T 1/2 6,000
9 - 12:46 T 1/2 14,000
9 - 12:46 T :17 4,500
9 - 14:02 T 1/2 2,000
9 - 14:02 T :17 3,000
hope this gives you some insight.....
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