What warrants sellers may be doing here is underestimating their performance at the 1.00ish level, where current price is justified by intrinsic ... but i think they're long enough dated and on good enough quality common to keep some time premium long after being deep in the money, so if i was adding today it would be warrants over common ... got a little more dollar value in wts at the moment, common mostly in taxable accts, wts mostly in sheltered
stockcharts.com - soon as the common is twice the wt or better, wts are the better bet for sure? - from this level and up, anyway, means that at 1.00ish wts should be over .50ish, keep a dime of time premium, minimum ... ? - not sure of any of this, just guesstimating, they'll make interesting watching |