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Biotech / Medical : Provectus Pharmaceuticals Inc.
PVCT 0.0700+0.3%3:07 PM EST

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To: LT2011 who wrote (11793)3/1/2013 4:42:29 PM
From: Khris Smith   of 13111
 
Investors will often short the common, and use their private placement shares / warrants / options, to cover. It allows for much less risk. So if they shorted the stock in the 50 and 60s, then they cover with placement shares at .75 . The 1 1/4 warrant at a dollar then only cost .15 or slightly more each.
I am not saying I have knowledge of this, and in this case it may not make sense because of the premium on the share price. But I could probably be talked into some dollar warrants for .15 each.
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