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Non-Tech : Any Stock Warrants

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From: skywalker447/1/2009 10:53:00 AM
   of 1916
 
Tower Semiconductor warrants (TWSRF.OB) look like a screaming buy at 2 cents or less

TSEM shares are as high as $0.48 this morning with a lot of volume between 42-45 cents. At 10:45AM, the volume is nearly 300,000 shares with the last trade at 0.45.

The TWSRF.OB publicly-traded warrants have oddly traded lower, with a range of .005 to .018 today, in spite of the fact that the shares have risen roughly 50% over the past few trading days. Very odd. One warrant gives the holder the right to buy 1.8 shares at $2.78 per share through 3/15/2011. Intraday volume on the warrants is 131.5K with the last trade at the $0.015 ask price.
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